Of haircut and hair-splitting trends in Europe

Here are the main decisions taken in Brussels by Eurozone leaders :
- Greece is saved : since George Papandreou was already almost bald, banks will get the haircuts. And as the first country to adopt the new SubEuro, Greece shall inaugurate S&P's new rating systems (phi beta kappAAA)
- Italy is saved : Silvio Berlusconi's ratings will not be downgraded (BungabungAAA+)
- France is saved : andouillettes will keep their most attractive labels (AAAAA)
- Germany is saved : Angela Merkel will control the European Financial Stability Facility (EFSF). She already mandated her new finance minister, Herman Cain, to implement his latest 9-9-9 formula (9% Bitburger, 9% Tsingtao, 9% CaipirinhAAA+)
- the UK is saved : David Cameron will become King of the Northern half of the NonEuroZone and the nation enjoy its specific ratings (USAAA-)
- the Euro is saved : as soon as Mario Draghi succeeds Jean-Claude Trichet as head of the ECB, all junk bonds shall be handled by Naples Waste Managment Offshore Limited (CamorrAAA+)

Not everyone agrees.

Ever the rebel and the haircut and hair-splitting diva, Paris Hilton decided to initiate the Occupy Rodeo Drive movement. And in order to fend off police forces who may try to prevent her from raiding shops, she can count on her latest Fendi Hit Bag.

blogules 2011