Ms Julia Gillard (millionairesss prime minister of Ostralia), when asked just prior to signing additional loan documentation to continue borrowings in the order of abour $100 million a day, said the European nations deserved to be suffering credit downgrades; she said they had it coming because they avoided making tough financial decisions. Sarkozy (who has [...]
Entries Tagged as 'europe'
Pot Calling the Kettle Black
January 16th, 2012 · No Comments
Tags: australia · economy · europe · money · politics
Bankrupt Labor Government Borrows Money to Lend to IMF?
November 3rd, 2011 · No Comments
Julia Gillard was on the news earlier today (Nov 3rd) ’advising’ the EU to better manage their affairs and, in a magnanimous gesture, she has offered extra funding from Australia to create a buffer against other countries following Greece into financial collapse. WTF ? How can anyone in their right mind – let alone Ms Gillard – [...]
Tags: australia · europe · money
Working Conditions to Get Much Worse
August 2nd, 2010 · No Comments
I have watched a few edispodes of a show where the CEO of an organisation goes undercover in the lowest paying jobs to see how things are at the coal face; working longer – unpaid – hours; extra responsabilities / sharing parts of a job another person previously laid-off and not replaced; being fined / [...]
Tags: australia · europe · usa
Iceland Hot Spots to Bring Global Economy Down?
April 19th, 2010 · No Comments
Iceland is holding its first referendum since independence from Denmark in 1944; and it’s not because of the volcano but an equally disruptive force, bankers (and shareholders) greed. Anyone who has stood on a bindi (a sharp seed from a weed) knows how something so small – maybe as fine as a needle – can [...]
Tags: banks · economy · europe
Dubious US$ an Alternative to The Euro?
March 25th, 2010 · No Comments
We’ve all heard the joke of how Rodney Adler ended up with a small successful business … he eventually rode his father’s large successful business into the ground. We know that the banks and big business in Iceland incurred large debts, which they now want to pass onto the populace; and we know the Greeks [...]
