Those guys down at the Telegraph are starting to get themselves quite a reputation, not only for rocking the political boat with their whistle-blowing exposure of MP’s expenses but also for their dire and bearish financial predictions. To their credit they are often correct.
Then there was this 14th May Evans-Pritchard story about an [...]
Welcome to the new Post Modern global reality where almost nothing you see is real and certainly nothing you hear has any meaning. Enjoy it while it lasts because chilling reality has a historical record of making a showing sooner or later and the longer it is frustrated the worse the reality is when it [...]
We’ve started getting emails giving us advanced warnings of the planned demonstrations that will be taking place this Saturday (28th March) and next week (1st/2nd April) here in the City. I get the impression from their tone that they are expecting quite a lot of trouble.
While I have a lot of sympathy with the views [...]
“Stop the New World Order”, Canal wall graffiti (Islington, London).
Confused? Take a look at this more explicit video…
Sometimes a picture says a thousand words and a video can say a thousand words with added attention grasping drama. This is the perfect video for de-mystifying the crisis for those outside the financial industry. You can get it in HD format here too.
The last few weeks we have been hearing a lot about stimulus packages and historic decisions but what might have many people puzzled is that these bold pronouncements don’t seem to be cheering the markets very much, in fact they have been heading south faster than ever. So why are the markets not responding to [...]
Now that its becoming abundantly clear that the global economy is in a very serious position we have started the blame game in earnest and the media have decided it is most perfunctory to hang most of the blame on “The Bankers”; and so the circus begins.
I’ve been hearing stories of idiots, on the basis [...]
An excellent post by James of Nourishing Obscurity on the enduring struggle of socialism, which in spite of its ceaseless failures continues to threaten our wellbeing and freedom. It still finds its useful idiots through idle promises and hollow flattery and now threatens us more than ever…
[socialism] and the myths we’re fed
Leon Trotsky [...]
Today’s adjustments to tax legislation just shows how clueless this government really is. The Daily Mash says it pretty succinctly : BROWN TO GAMBLE ON YOU BEING RETARDED
GORDON Brown will today gamble on you buying things you don’t need because they are slightly cheaper, and then believing that rich people are going to pay for [...]
You may have noticed that we are hearing a lot about the DR Congo once more on our television sets and in the news lately. It’s the usual fare, Rebel leader, humanitarian crisis, UN peacekeepers etc. and I’m quite sure a lot of people are either quite disinterested or confused by the coverage but I’m [...]
I apologise for the posting lapse but I’ve been working on refining our Basel 2 EPE calculations and rather burning the candle into the night. Its strange how your mind distorts reality after extended periods of working and your body aches as if you had been in a road accident when you have only been [...]
I was on the running machine at my local gym watching the Sky news coverage last night but what surprised me the most was how what was reported two days ago as an invasion of South Ossetia by Georgian troops had somehow morphed into an aggressive assault on Georgia by Russian troops. Just to be [...]
