Kenya should not dare release its Debt-GDP figures otherwise we will be lending to GoK at 20% if debt to Gdp was at 50.5% in Dec 2010...the Shilling must be causing havoc...

Deutsche bank is pretty scared here with the current drought of long term funding since July 2011 in euroland...

http://www.scribd.com/do...-a-Del-Ever-Aging-World

Dexia bank is selling some assets. No estimate of performance for the rest of the year. Still short this stock & it remains a sellers magnet just like most euroland banks. Were it not for the naked short selling ban, some would be valued at pennies...

S&P reminders... http://ca.news.yahoo.com...h-ratings-212702541.html

$2.7trn to rescue Europe. Officially, this is the largest nationalisation exercise ever undertaken. Transferring private debt to public debt. And people keep saying socialism is dead.

Well these IMF chaps should have allowed us to get a eurobond years ago before they got us under their programmes. If they want to dictate how things are done in this country then they need to juggle. It's bad policy giving a country funds, but not paying attention to its use.

In the words of Comrade @hisah..this is what Lame Street media failed to report during the weekend rendezvous.

.................
Developing countries from across the world, including Africa, are portraying themselves as "innocent bystanders" of the economic storm boiling out of Europe and the United States, and have joined the chorus calling on the European nations in crisis to bite the bullet of painful economic reforms.

"It is not easy, it is painful, and we went through the pain, and the Europeans must be prepared to go through the pain," African Development Bank President Donald Kaberuka told Reuters in an interview.

He said the reforms needed in the ailing southern European states involved the kind of overhauls of public finances and labor markets and other structural reforms that African nations -- with firm urging from the IMF and World Bank -- had tackled over the last two decades and now had results to show for it.

http://www.cnbc.com/id/44661753

A genuine question that also invokes laughter on Africa's risk profile Vs. the West.

"But are we more risky than some of these peripheral countries in Europe, which have 150 percent of GDP in debt, 30 percent fiscal deficit?" Kaberuka asked.

"The outside world still sees Africa of yesterday. We believe that this is Africa's time," Kaberuka said.

While acknowledging major challenges on the continent -- huge infrastructure and energy deficits, shortages of skilled labor and the risk of political flare-ups -- he said the moment had come for what he called "a reprofiling of Africa's risk".

Beautiful............

Street protests, foreclosures, bankruptcy, joblessness tell it all. U can fool the pple sometime, but u can't fool the pple all the time.

http://www.zerohedge.com...and-goldman-rules-world

And you thought wazua analysts were off the edge..

US gubberment kicks their debt funding can down the road till Nov 18 to avoid another shutdown 4 days away from Sept 30. For those that have forgotten, the previous shutdown was almost attained on Aug 3 2011. So in less than 60 days another shutdown was looming. With the latest extension to Nov 18 that means the timer has been reset to 59 days from now.

Developing nations also do have gubberment funding issues, but for the owner of the global reserve currency unable to fund itself perpetually, but relying on monthly budgets, this ponzi game is done!?

With euroland on a default timer, US debt above $14 trillion, global debt is now unpayable. The only option is to reset the system with debt forgiveness as the main reset component.

http://bit.ly/pWrjr3