economy

President Obama Says U.S. Deficit Not His Problem

WASHINGTON DC - USA - President Obama has said he is "bored" of the massive U.S. deficit and wants to talk about other things instead. ... Full story

Cameron: "Destruction of the Pound Nearly Complete"

LONDON - England - The Prime Minister has lauded the destruction of the pound sterling currency after its value has fallen to its lowest levels yet. ... Full story

Tips For UK Savers Dealing With a Negative Banking Base Rate

LONDON - England - The Bank of England is planning a negative base rate of minus 8% so if you put your money in the bank and don't touch it, it will disappear soon enough. Here are some tips for the much bedraggled and beaten down saver to avoid this banking calamity. ... Full story

Daily Squib Ten-Step Plan For UK Economic Recovery

LONDON - England - Ladies and gentlemen, we at the Daily Squib have compiled a ten point plan for the next Chancellor of the Exchequer to adhere to after George Osborne is thrown out of office some time in the near future. ... Full story

Farewell AAA and Hello B Minus For UK

LONDON - England - George Osborne and David Cameron were sobbing into their tax receipts tonight as Moody's took away Britain's AAA rating. ... Full story

George Osborne: "Would You Like a Triple Dip With That Great Depression?"

DAVOS - Switzerland - Chancellor of the Exchequer, George Osborne is to start the Treasury's own chain of restaurants across the UK his office has announced. ... Full story

U.S. Federal Reserve Minting Trillion Dollar Coins to End Deficit

WASHINGTON DC - USA - President Barack Obama has ordered the U.S. Fed to start the minting process of approximately eighteen coins; each will be worth a trillion dollars, the White House announced today. ... Full story

Obama: "U.S. Can Pay Debt By Borrowing More"

WASHINGTON DC - USA - President Barack Obama says that he got his idea while reading a book about former unelected prime minister Gordon Brown. ... Full story

Happy New Fiscal Cliff Year 2013

WASHINGTON DC - USA - Brace for impact! It's going to be a bumper year in 2013 thanks to the morons in the U.S. Congress who couldn't come up with a Fiscal Cliff deal before January 1st 2013. ... Full story

U.S. Could Turn into Pumpkin After Midnight 31st December 2012

WASHINGTON DC - USA - Fiscal Cliff or Fiscal Stiff, there is no sign of any movement on a deal to avert imminent economic disaster in January 2013 as the huge Obama tax hikes threaten to suck America into a vast maelstrom of shit. ... Full story

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