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Using Cameras in the Hunt for Taxes

Using Cameras in the Hunt for Taxes COMMENT: Hi, Hunt for taxes is running full scale in Scandinavia. In Sweden, all vehicles including foreign registered vehicles, are obliged to pay congestion taxes in Stockholm and Gothenburg as well as infrastructure charges in Motala and Sundsvall. Sometimes, the automatic camera system reads the license plate falsely and […]

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Dollar Libor Jumps To Fresh 10 Year High, Adding To Funding Headwinds

Dollar Libor Jumps To Fresh 10 Year High, Adding To Funding Headwinds It may be the bete noir of the credit market, but despite the gradual phase out of the infamous manipulated benchmark, Libor remains the reference rate for trillions in floating rate debt instruments, and in a further indication that monetary conditions are tightening […]

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Italy Threatens To Stop EU Funding Unless Other States Accept Refugees

Italy Threatens To Stop EU Funding Unless Other States Accept Refugees Europe’s refugee mess is back with a bang. On Thursday, out of the blue, Italy’s Deputy Prime Minister Luigi Di Maio threatened to stop financial contributions to the European Union next year unless other states agreed to take in migrants being held on a […]

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Pool of Funding the Heart of Economic Growth

POOL OF FUNDING THE HEART OF ECONOMIC GROWTH Most experts are of the view that massive monetary pumping by the US central bank, the Fed, during the 2008 financial crisis saved the US and the World from another Great Depression. If increases in money supply is an important catalyst for economic growth then the World […]

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Is Funding About Money?

IS FUNDING ABOUT MONEY? A key factor that constrains people’s ability to generate goods and services is the scarcity of funding. Contrary to popular thinking, funding is not about money as such but about real savings. Note that various tools and machinery or the infrastructure that people have created is for only one purpose and […]

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Massive Budget Cuts Looming For EPA As Republicans Seek to Limit Rules on Air and Water Pollution

Massive Budget Cuts Looming For EPA As Republicans Seek to Limit Rules on Air and Water Pollution The U.S. Environmental Protection Agency was dealt a massive blow this week by the House Appropriations committee, where the Republican majority voted to further cut the agency’s budget and reduce its authority to enforce laws safeguarding our air, water and health. The House committee […]

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ECB Pulls The Trigger: Blocks Funding To Greece Via Debt Collateral – Full Statement

ECB Pulls The Trigger: Blocks Funding To Greece Via Debt Collateral – Full Statement Just what the market had hoped would not happen… *ECB SAYS IT LIFTS WAIVER ON GREEK GOVERNMENT DEBT AS COLLATERAL *ECB SAYS IT CAN’T ASSUME SUCCESSFUL CONCLUSION OF GREECE REVIEW What this means simply is that since Greek banks are now […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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