The Rusty Wire Service

Earlier today, the Japanese Prime Minister Yoshihiko Noda, said he would dissolve the Diet (lower house of Japanese Parliament) this Friday;  paving the way for a general election as early as 16 December. This election could potentially lead to Japan's 7th change of Prime Minister since 2000 and the foreign exchange markets didn't like it one little bit so traders from Boston, Mass to Boston, Lincs.  dumped the yen in serious numbers. And there it was; just another mundane example of the butterfly effect in full effect. That little flurry was only one of the tiny flutters and palpitations that make up the pulse of the market today and every day.   As a wire service reporter in this environment,  I have been learning an esoteric new language; one where Fibonacci retracements and doji candlesticks are sought in the graphs of 18th century  Japanese   rice traders. The foreign exchange market is often described by über capitalist types as...

It's been two years since the Rusty Wire Service first posted. In that time, there have been reports from riots and protests; prison life has been chronicled and police station procedure has come under scrutiny and for good measure I have tried -- whenever I could -- to draw a bead on the venality of the dead-eyed consumer society in which we live and to ponder identity and social justice refracted through the often unreliable lenses of race and culture. At all times,  The Rusty Wire Service has striven to remain to true to its brief manifesto as espoused in our first post back in the early winter of 2010, as Ireland prepared to sell its children into bonded servitude and exile: "We aim to cover a wide range of topics here but underpinning it all, we hope, will be a necessarily deep scepticism about established 'truths' and orthodoxies. First principles like liberty and legitimacy should never be taken for granted." The Deptford Croppy would hope at le...