Australia can’t take care of the homeless, tried to sell assets (Was told sternly “NO” by the Public) and now plans to lease these assets for 99 years. BUT, they can afford $600m to send 600 people and 18 aircraft to fight ISIS. Why it takes 600 people to fly 18 planes is yet another […]
Just this week, European banks have been told to raise their bank reserves (Read article) from 3% to 4.95%, although they will have several years to get there and the usual get-out clauses. This is their version of equity and includes intangibles like carpet, brand name and expensive fitouts labelled as ‘Assets’ on the balance […]
The winner of the Funniest Person in the World competition is a brown-haired, slightly rotund stand-up comic from Finland who boasts he has hit on the perfect solution to the planet’s international monetary woes. “Countries don’t owe money to each other, countries owe money to banks,” says Ismo Leikola. “If the countries owe money to […]
Welcome to WordPress. This is your first post. Edit or delete it, then start blogging! …and so begins this experiment. A meandering of my mind, a wander through the past, present and future. Well, that sounds good but how do we wander through the future you ask? I shall try and explain………… Though not […]