Elsewhere on Thursday,
- The ESM/EFSF’s inverted capital structure.
- The modernized Phillips machine — for predicting the world economy (with water).
- The aftershock doctrine.
- Dropping a ‘Q’.
- Cracking down on Baku’s egg cartel.
- Sales of luxury doomsday bunkers are up 1,000 per cent.
- The politics of oil in Nigeria.
- Three euro debt crisis scenarios.
- Capitalism killed all the Martians.
- Is gold the silver bullet for pension deficits?
- An ode to Liz, in pictures.
- Further, further reading.