Thursday The economy of the EU is in big trouble. ECB president, Mario Draghi, has suggested that he is going even deeper into negative interest rate territory in the effort to spur growth. The only growth in the EU is in migrants – migrants who don’t work but who immediately go onto welfare. Most with zero plans to ever get off welfare. Needless to say, … [Read more...]
The Urge to Regulate
Saturday "The more corrupt the state, the more numerous the laws.” Tacitus (A.D 55-130) Whether in the US, UK, EU, Australia, New Zealand or Canada, social engineering is the dominant theme of our time. Dangerously daft legislation is being churned out by the regulators of the Western world. Why is this? Our politicians are a breed apart from most people. They … [Read more...]