Category Archives: Economics

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 →

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>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 →

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>Bionade Economics

Posted on 15 June, 2008 by

>Bionade is the soft drink equivalent of the garage band made good. Here’s the story. The Peter Brewery in a 4000 soul town in Bavaria was on the verge of bankruptcy in the late 1980s. The company’s Master Brewer and … Continue reading →

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