Economy’s turnaround: (part 1)

From a Macro-economic point of view: Our society is rotten to the bone. All was bogus the last two decennia, we have been living beyond our means as a result of the debt-fuelled consumer binge.  Borrow and...

New positive spin on Singapore’s real estate sector

SINGAPORE: Business Times report on an interview with Phil Anderson, author of the brilliant new book "The Secret Life of Real Estate - How it moves and why" which is available in the UK, and will be out in the USA...

Instructions to socialize the U.S. monetary system.

Let us imagine the financial system worked differently.    If the power to print paper money were given to the states then the federal government could be able to finance expenditures through borrowing from the states, who print the money.   This...

Zakaria: The Canadian Solution. OBamaramaittes Should Listen!

Barry Artiste Op/Ed Agree or not, the man has a point, a point Obamaramaittes could well be advised to follow when Obama visits our Country this month to meet with our Prime Minister Stephen Harper.  America...

Further food price rises hit Greek consumers hard

While the rest of the economy may be in freefall many of the large national and multi-national companies that dominate the Greek food and drinks industry have raised the price of a range of basic goods far in...

Simulus Package - Not a Victory

Only by partisan and non-progressive standards can the preliminary passing of this week's stimulus package be called a "victory" for the new Obama administration. Both the political process and its analysis and commentary in the media was a feast for the demons of politics as...

Abacus set for comeback?

The abacus is an ancient calculating machine that uses beads on a frame which are moved manually. In Asia the abacus is still used in many situations and children still learn how to use it. With the state of...

IMF: Urgent stimulus needed to avert another Great Depression

The roll-out of stimulus packages and the clean-up of banks must be accelerated, the head of the International Monetary Fund says, urging action to avert "a repeat of the Great Depression"."IMF managing director Dominique Strauss-Kahn said stimulus measures announced so far...

Obama: quick action needed to avoid economic tailspin

Late Friday saw Obama's economic stimulus bill passed forward for a vote on Tuesday and Obama warns that unless quick action takes place the economy could go into tailspin. Others - mainly Republicans - say its...

The mystery that is: Re-Capitalisation and the Economic Crisis

What exactly is capital? Well in this case it's the outstanding mortgages (the money it has lent and expects to get back) plus the value of the business itself, all minus the debts it owes (including to savers).For example - bank "Safe & Secure" has lent out £1000 (plus...

America! Why are we Bailing you out - The Pound undervalued

Quote from Gordon Brown speech 26 January 2009. “Our banking systems and our national banking systems have been shown to be totally interdependent and interconnected and while the crisis started in the United...

Death of Astroland: Iconic Rocket Part 2

This past month we all learned the Iconic Astroland Rocket may be sold for scrap if a new home had not been found before Thor Equities took over the land. That day has come and gone. The rocket was down to the...

McDonalds to Open 1000 Stores Despite Economy

McDonalds is fighting the recession by opening 1000 more stores around the globe despite an overall income loss over the previous year. "The world's largest hamburger chain also said fourth-quarter net income fell...

President Obama, finish those thoughts...

Let the brilliant Gavin Putland tell it like it really is!"By Gavin R. Putland, January 21, 2009– “Our workers are no less productive than when this crisis began,” said President Obama. “Our minds are no less inventive, our goods and services no less needed than...

The Credit Crunch for Materialism by Rupert Sheldrake

A wonderful contribution from the great Rupert Sheldrake, who introduced the concept of "morphogenics" and who’s theory is that memory and other information is stored within the microtubules of every cell. These...

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