Monthly Archives: February 2012
Greece has been on the edge for a long time, but right now the first Eurozone domino is rocking and close to toppling. As The Guardian newspaper reports: Greek youth unemployment rate has now reached 48% … Union leaders have called a two-day strike starting tomorrow … Despite negotiating until nearly dawn, the coalition government […]
‘Inflation falls.’ That’s the headline countless British consumers have been longing to see. And inflation isn’t just falling: the Bank of England predicts that prices rises will be down as low as 1.7% some time later this year. If that’s true, it’ll be a blessed relief for countless consumers. Personally, though, I’m just about […]
Sometimes I despair of politicians. I assume that they’re so partisan, so greedy, so quick to favor their rich buddies, that no progress can ever be made., or maybe not cynical enough. Because sometimes one of their faults – partisanship – temporarily overwhelms all their others, but in a good way. There’s a wonderful example […]
Planet Ponzi is now on general release. It’s my best effort to document the appalling mess that governments and bankers have got us into. It’s available on sale in the UK and the US. I hope you buy a copy. Personally, I think we have to understand this stuff if we’re to have a chance […]