Bankers and politicians couldn’t have done it better.

Reflect on what has happened over the past 10 to 15 years. In the late 1990s Western economies were really feeling the pressure from Asia, even though the Asian Financial Crisis had dealt a severe blow to Thailand, Malaysia, Indonesia etc. In the early 2000s the sub-prime bubble started to inflate.  Bankers, politicians, regulators, rating …
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Personal and shared ownership at the same time.

We had a wonderful treat last night.  We went to a fishing village on the coast of Gozo, rode bumper cars and had fresh pizza and ravioli for supper.  We also had sweet, fizzy drinks. At first the drinks were distributed one to each of us.  We were mostly abstemious with “our” drinks, one of …
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US downgrade – the world is beginning to wake up

So S&P, one of the rating agencies that fuelled the bubble and bust, has downgraded US credit rating.  Its about time.  Not that the US isn’t wonderful, but its economic profligacy expanded to new levels in the last decade and the culture is becoming one of gratuitous consumption at the cost of future earnings. The …
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Where is the love?

What’s wrong with the world, mama People livin’ like they ain’t got no mamas I think the whole world’s addicted to the drama Only attracted to things that’ll bring you trauma Overseas, yeah, we try to stop terrorism But we still got terrorists here livin’ In the USA, the big CIA The Bloods and The …
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