In order not to have to start just yet on what can only be called the mother of all dishes after feeding about 25-30 people throughout the Sunday on what was a beautiful day with beautiful people celebrating our good fortune in life, I thought I’d put down a couple of thoughts about why we […]
Tag Archives: Debt
Margaret Atwood wrote a book called Payback. I haven’t read it yet but if it’s anywhere near as interesting as this interview it promises to be a goodie.
If you want to know what that means consider this: You and I don’t hold any Derivatives. the 0.2% does. We only know of $ 212 Trillion according to this article but calculations about the “shadow banking world” Derivatives(the off the books money supplies which I might add would get our asses in jail if […]
I’ve been meaning to show you a graph for the longest time but somehow I kept postponing it but today I finally found the time to get it to you. This graph is very interesting and here is why. The graph shows the debt distribution of 10 countries in December 2011. I shows the debt […]
More looting of the British tax payer ahead! George Osborne has warned Britain could be heading for a double-dip recession as he admitted that the Government will be forced to borrow more than was planned by the last Labour Government. The Chancellor confirmed that because of a ‘debt storm’ raging across Europe, the country will […]
How does a country end up 15 trillion dollars in debt? 30 years ago, we were just a little over a trillion dollars in debt. How in the world do supposedly rational people living in “the greatest nation on earth” allow themselves to commit national financial suicide by allowing government debt to explode like that? […]
Some of you may have noticed that I’ve been a bit slow with posting but to be hones I have been thinking about how to move forward. As a result I am currently working on several power point presentations on several subjects: Derivatives: Financial weapons of mass destruction. History and use of Derivatives translated into […]
When I grew up I heard about the Tomtom Macout, the hideously cruel machete wielding secret police of Papa Doc and later of Baby Doc. The US supported despots of Haiti. I heard about the callous murders and torture of these thugs and the fear the instilled in the local population. I was young and […]
if you have to use your cradit card let it be on buying seeds. Seeds and compost and start that veggie patch. NEXT, BURN THE CREDIT CARD. Get whatever work you can and work your way out of credit card debt. Lay low and live within your means. Whatever you do, do not get more […]
While taking a significant toll on public revenues[1], repayment of public debt has, since 2004, ceased to be a major concern for most middle-revenue countries and for raw material exporting countries in general. In fact the majority of governments of these countries are having no trouble finding loans at historically low interest rates. However, the […]
