A few nights ago, the ABC’s finance reporter Alan Kohler showed how various countries’ share markets have fared over the last year. Kohler has at times proved to be incisive but in this report one must ask has he been muzzled or doesn’t he understand that share markets are just a manipulation by the system [...]
Entries Tagged as 'economy'
$ Dives While Share Market ‘Floats’
December 23rd, 2010 · No Comments
Tags: economy · global · gold · money
Lucky Country & Luck of the Irish Runs Out?
December 6th, 2010 · No Comments
Russia and China will exchange each other’s currencies to avoid the ever increasing valueless US $; Greenland, Greece, Portugal and Spain are putting a real strain on the Euro and we must be concerned with what’s happening in Ireland, as they too floated the banks out of trouble by making the public owners of the [...]
THE Most Important Chart of the CENTURY
August 18th, 2010 · No Comments
The latest U.S. Treasury Z1 Flow of Funds report was released on March 11, 2010, bringing the data current through the end of 2009. What follows is the most important chart of your lifetime. It relegates almost all modern economists and economic theory to the dustbin of history. Any economic theory, formula, or relationship that [...]
Greens propose $5b renewable loans scheme
August 9th, 2010 · No Comments
Well, if it’s good enough for the government to guarantee the performance of banks – who largely caused the GFC – then why not a Policy to introduce a $5 billion loan guarantee scheme that would complement their target of a zero carbon economy? The Greens released the policy at the launch of their Tasmanian federal [...]
Tags: australia · economy · environment · politics
America, the Collapsing Empire
August 8th, 2010 · No Comments
By Glenn Greenwald As we enter our ninth year of the War in Afghanistan with an escalated force, and continue to occupy Iraq indefinitely, and feed an endlessly growing Surveillance State, reports are emerging of the Deficit Commission hard at work planning how to cut Social Security, Medicare, and now even to freeze military pay. [...]
Tags: big picture · economy · usa
