Category Archives: Economics

The Horror! The Horror!

Posted on 6 November, 2011 by
Posted in Economics, Too good to miss | Leave a comment

99%

Posted on 3 November, 2011 by
Posted in Economics, This is America | 1 Comment

Yes.No.Yes.

Posted on 28 September, 2011 by
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The Limping Middle Class

Posted on 6 September, 2011 by

Excellent New York Times article by Robert B. Reich. Premise: 37% of all consumer spending is by the wealthiest 5% of Americans, this caused by an increasing wage inequality since 1980. Unless this inequality is reversed (as it was between … Continue reading →

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“People deserve the government they get” – H.L. Mencken

Posted on 2 August, 2011 by

  The Washington Post asked its readers for a one word thought on the Debt Ceiling debate and then put it into a word cloud.   Idiots elected by idiots

Posted in Economics, People just don't think, This is America | Leave a comment

Obama needs a Michael Douglas moment…

Posted on 18 July, 2011 by

He needs to come up with a speech as good as Michael Douglas’s character’s in “The American President“ Something like this. My fellow Americans The issue at the heart of the debt limit discussion is as simple as this: If … Continue reading →

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The same old greasy number….

Posted on 17 July, 2011 by

So you all thought that rip-off banks were restricted to the USA and the rest of the world was (relatively) squeaky clean? Think again. The ANZ bank in New Zealand recently wrote to mortgage customers who are paying off their … Continue reading →

Posted in Bastards, Economics | Tagged , , , | Leave a comment

Mind the gap…

Posted on 12 July, 2011 by

I get the feeling that my bank manager would have had a quiet word with me in 1975 and given me a severe bollocking in 1978. By 1983, I would have been bankrupt. Unless I could have found gullible people … Continue reading →

Posted in Economics, Politics | Leave a comment

We don’t know how lucky we are

Posted on 11 July, 2011 by

I stumbled over this 1966 German tourist guide to Yugoslavia the other day. Don’t let anyone tell you that flying wasn’t a luxury back then. Based on an gross annual income of DM9893, you would have needed to work close … Continue reading →

Posted in Economics | Leave a comment

>This, I got wrong.

Posted on 25 January, 2009 by

> One in seven jobs in Germany is some way – directly or indirectly – linked to the car industry. As they say: If BMW gets a sniffle, Bavaria gets the flu”. The German government – as part of a … Continue reading →

Posted in Economics | Leave a comment