Those idiots in power
For many many years, the governments of Europe and the USA have been borrowing against their own economic growth. That is, they have borrowed trillions of dollars against the income that they will have based on their economic status and growth. This was money that they did not have. When the economy collapsed and the [...]
Merry Christmas
So here I am doing what I never thought I would do, spending Christmas somewhere so far removed from everything I have ever known. It’s Christmas eve and 29C outside, with large grey clouds in the sky and a heavy cold that gripped me yesterday. If it wasn’t for the temperature outside, it would be [...]
UK imposes first sanctions on Iran
Here we go again. Let me just pick some bits out of the article. Mr Osborne said: “We have ceased all contact between the UK’s financial system and the Iranian financial system.” “We’re doing this because of international evidence that Iran’s banks are involved in the development of Iran’s weaponised military nuclear weapon programme.” This [...]




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