Monday There is a complete disconnect between the economy (business), and stock markets. It is a worldwide phenomenon. The world economy was dealt a death blow by the closing down of businesses, supposedly because of a virus. In truth, the economy was already on its last legs – over-regulated to the point of grinding to a halt. The stock market is … [Read more...]
Early Retirement
Monday I see another report about a young couple that have surmounted the work trap and managed to retire by the age of forty. Well, actually, I didn’t read the article, but that is what I surmise from the headline. From the number of such headlines I would assume that it is an aspiration in the peculiar zeitgeist that passes as the modern world. Why would … [Read more...]
The Sage of Szombathely
Sunday For almost seventeen years the world has lived with the threat of the imminent collapse of the paper debt notes system. It has been a fascinating period in humanity’s history. I spent part of the time in the US and part in Europe, just observing the process in the primary spheres of western civilisation. Sure, there have been debt collapses before, with the … [Read more...]
Fractional Reserve Banking 2
Thursday Or should that be: Fractional Reserve Debunking? I first put up this article in January of this year. Utter nonsense about the dangers of FRB are still being published so I'm putting it up again. Fractional reserve banking (FRB) has received much coverage over a long period, yet it remains a contentious area prone to misunderstandings. Probably because it is … [Read more...]
President Clinton
Saturday The below is an extract from an interview done this week by John Pilger with Julian Assange. With a deep sense of foreboding for what it will bring and for the continuance of the corrupt US establishment, I do suspect that he is right. Wishful thinking is not a strategy... ________ He (Assange) said: "Trump would not be permitted to win. Because he has had every … [Read more...]