the best of FT

Fed launches $400bn ‘Operation Twist’ BUY LONG TERM RATES W/ SHORT TERM LOANS

IMF warns on global financial system IMF stands by its bank analysis , O YEAH, LAGARDE NEW STYLE FAR FROM STRAUSS KAHN STRATEGY, SPECIALISTS PUSHInG AHEAD WITH THEIR VIEWS , LACK OF CONCERTED VISION

Eurozone crisis rocks Dutch government EVERYBODY IN CRISIS,FIRST GERMANY COALITION, NOW DUTCH ONE. THE GLOBAL CRISIS IS ALL ABT REGIONAL ELECTIONS. DEFINITIVELY CENTRALIST COMMUNIST CHINA FARES BETTER.

China’s censors clamp down on watchblogger HOW THEY SHUT DOWN A BLOG BC THEY ASSESSED VALUE OF EXPENSIVE WATCHES ON THE WRIST OF CHINESE COMUNIST HIGH RANKING OFFICIALS

International Monetary Fund: Into the fire GOOD ANALYSIS OF IMF INNER WORKINGS AND DYNAMICS. INCOMPETENCE OF LAGARDE IN ECONOMIC AFFAIRS TRANSLATES INTO LACK OF LEADERSHIP ( SEE ABOVE). DIFFICULTY IN NEGOTIATING GREECE RESCUE W/ EUROPEAN PARTNERS ADDS TO COMPLEXITY

Kant fares well in critique of philosophical hubris FUNNY READERS LETTERS ON FINANCE AND PHILSOPHY, RANGING FROM MARX, TO HEGEL, KANT AND KIERGKERGARD

Let readers decide who’s in the soup GROUCHO, WHO IS RUFUS, BERLUSCONI IN FREEDONIA ? http://www.youtube.com/watch?v=Dsw9jYU_rJI The wealthy Mrs. Teasdale (Margaret Dumont) insists that Rufus T. Firefly (Groucho Marx) be appointed leader of the small, bankrupt country of Freedonia before she will continue to provide much-needed financial assistance. Meanwhile, neighboring Sylvania is attempting to take over the country. Sylvanian ambassador Trentino (Louis Calhern) tries to foment a revolution, woos Mrs. Teasdale, and attempts to dig up dirt on Firefly by sending in spies Chicolini (Chico Marx) and Pinky (Harpo Marx).

Politicians repeat mistakes of 1920s

US and Europe face disastrous recession BACK TO 1937 , 2D FAILED ATTEMPT TO GOWTH, BCS OF EUROPE? BORING ARTICLE FROM EVERCONE CHAIRMAN

Brazil will fight back against the currency manipulators BRAZIL LOST AND ANACHRONISTIC BATTLE ON CURRENCY WARS, PATHETIC PR ATTACK BY THE PRESIDENT IN PERSON, WHAT'S THE GOAL ?

Postmodernism: Style and Subversion 1970-1990, V&A Museum, London THEY QUOTE DAVID BYRNE, 80S AND MY MIND GOES TO THE MOVIE "THIS MUST BE THE PLACE" OF SORRENTINO. INTERESTING REMARK ON ARCHITECTURE, WE WENT FROM NEUBAU MODERNIST WORK CLASS NON BOURGEOIS STYLE COMMISSIONED BY RICH FELLOWS AS IN TOM WOLFE NOVELS TO A DECORATIVE EXPLOSION DURING THE 80S THAT QUESTIONNED MODERNITY AND PROGRESS AS IN THE RUINS OF BLADE RUNNER MOVIE WHILE SAMPLING DIFFERENT STYLES, MODERNISN,BAROQUE, CONSTRUCTIVISM AS IN A HIP HOP SWING. ALL OF THIS WAS EPITOMISED BY DESIGN FOR THE EXHIBITIONIST RATHER THAN UTILITARIAN SAKE , FITTING THE MAGAZINE PAGES OF CONSUMERIST CORPORATE CULTURE, DESCRIBED BY THE AUTHOR " AS AN INCESSANT RECYCLING PERFECTLY SUITED TO THE DEMANDS OF CYCLICAL CAPITALISM, COMMODIFICATION"

IMF: monetary policy is part of the problem IMF REPORT ON CREDIT QUALITY IS SNUBBED, LARGE GROUPS ARE FUNDED SMALL ARE NOT. INTERESTIGN HISOTRICAL FIGURES ON THE NATURE OF RECOVERY, THE SLOWEST SINCE 1927, DEFINETIVELY LACK OF HEGEMONICAL POWER DENTING THE ODDS UNLIKE ASIAN RECOVERY THANKS TO USA INTERVENTION IN 1998

TNK-BP shareholders raise claim against BP LEGAL CRAZINESS IN RUSSIA FACED BY BP

Online and foreign expansion aids Inditex MOST SUCCESSFULL SPANISH COMPANY IN BACKWARD GALICIA

Bank of China shuns European lenders SIGN THAT WE ARE GOING BACK TO NEOLITHIC EUROPE INSTEAD OF GOING FOWARD. LACK OF NEGOTIATIONS AND LEADERSHIP MAKE REGIONAL INTERESTS PREVAIL OVER eu RESOLUTION. THE TRIBAL SPIRIT IS BACK.