Wednesday, October 22, 2008

Bad News from Peru: Twobreakfasts has cracked under the strain

García's new image has so far had a mixed reception

Not even the moral fibre that comes from an extra ration of sausages in the morning has stopped President Twobreakfasts from buckling, it seems. Evidence of mental imbalance was evident yesterday as he announced that Peru would grow by 7% in 2009.

How this fits in with the slump in copper, zinc, lead and all their friends as well as the lower FOB prices Peru will get for all its other exports wasn't really explained very well. And then there's the fact that Peru is finally clamping down on its drug barons after all these years....that'll slow down retail spending in the Amazon basin too, let there be no doubt. And in Lima come to think of it.