Tag Archives: Fantasyland Thinking

Mish/ Mike Shedlock – Stubborn Stupidity, Fantasyland Thinking, Hopeless Bluffs – 30 May 2012

The Financial Times says Madrid in ‘game of chicken’ with EU.

I disagree. I think Spain’s prime minister Mariano Rajoy is a stubborn fool engaged in Fantasyland thinking, unable to think straight.

The issue regards a proposed Ponzi financing scheme to recapitalize Spanish banks. Continue reading