Category Archives: Economics

99%

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

Yes.No.Yes.

Posted on 28 September, 2011 by jb
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The Limping Middle Class

Posted on 6 September, 2011 by jb

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 jb

  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 jb

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 jb

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 →

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Mind the gap…

Posted on 12 July, 2011 by jb

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 →

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We don’t know how lucky we are

Posted on 11 July, 2011 by jb

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 jb

> 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 jb

>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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