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Monthly Archives: January 2012
Debt-O-Nomics Part Two …
Marcello Paternostro /AFP/Getty, ‘Truck Driver Strike in Italy’ In the first part we briefly examined some of the effect of universal credit on prices. Because of our long experience with inflation we assume prices will increase because they always … Continue reading
Debt-O-Nomics
Unknown photographer ‘credit factory spewing its product in all directions’ Americans since the end of World War Two have for the most part lived with credit expansion and inflation. The components of credit are the same as everything else: … Continue reading
Europe On The Rocks …
Unknown photographer ‘Motor Vessel ‘Euro-Bank’ taking on water* There have been worries of the apocalypse when Greece finally exits the euro. Now that exit is a certainty the ‘system’ is having second thoughts. Everything might be fine, after all. … Continue reading
Posted in Uncategorized
29 Comments
Big Bad Ideas Running Amok …
Maurycy Gottlieb ‘Shylock and Daughter Jessica’ (from Shakespeare) There are a number of big ideas circulating through our so-called culture, some of which intend to give some meaning to our otherwise pointless and aggravating consumer slumber party and others … Continue reading
Posted in Uncategorized
42 Comments
Other Guy’s Predictions for 2012 …
Here is another orgy of predictions for the rest of 2012. Ours are challenging times. Will the human race finally step up its game or will if fall on its collective face? (Face) Phil’s Stock World had no predictions for … Continue reading
Posted in Uncategorized
6 Comments