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Debt is back but this time its corporate

October 31, 2018

Debt is back but this time its corporate On Wednesday Feb 7th 2007 HSBC issued a profit warning.  It was the first in its 142 year history. The bank told its share holders it would have to take an unprecedented charge of $10.5 billion because one of its units, its sub prime lender, was in […]

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Lebanon – the next front in the Great Gas War.

November 8, 2017

Lebanon – the next front in the Great Gas War. The Great Gas War has already two distinct fronts: The now relatively quiet Northern Front in Ukraine and the Southern Front in Syria in which the Western empire has been losing. It looks to me that Lebanon is being targeted as the next front, where […]

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China’s rise, America’s fall

October 26, 2017

China’s rise, America’s fall Will the rise of China mean the fall of America?  In a word, yes. Although decline might be more accurate. Why do I think this?  Because China is about to launch the PetroYuan and when it does the demand for dollars and for dollar denominated debt will shrink. When it does, […]

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The Narrative of Fear and Insecurity

September 5, 2017

The Narrative of Fear and Insecurity On March 4 1933 FDR in his inaugural address to the American people said, “…the only thing we have to fear is…fear itself….” And it’s true. It is fear more than anything else that prevents people from turning away from what has failed them and stays their hand from picking […]

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Panama partners in crime

April 8, 2016

Panama partners in crime “We have broken no laws and cooperated with the government at all times.” Variations of that statement seem to be the default defence of everyone from bankers to politicians when their names come up in the Panama Papers. In the UK the latest to resort to some version of it, was first Downing […]

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Re-branding Dissent

January 2, 2016

Re-branding Dissent I am one of those who thinks that democracy is being destroyed.  I know its fashionable to play cynical one-upmanship and say – ‘we’ve never had democracy’, or, ‘it was destroyed long ago’,  but that game aside, I think its worth actually thinking about how, many forms of democratic expression, effective dissent and peaceful self-determination are […]

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Tick Tock

September 13, 2015

Tick Tock 8 years to fix the malfunctioning heart of the world’s financial and legal systems but nothing was actually done … and now the clock is ticking and  there is hardly any time left. The number of red lights now blinking at us, largely ignored by those who are supposed to be flying this […]

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Greece, China, and Russia – a Plan B for Greece

July 5, 2015

Greece, China, and Russia – a Plan B for Greece If the Greeks were to vote ‘No’ what would happen next?  Well no one can say. But here is a quick thought on what I hope the Greek government might have been exploring if they are excluded from the euro. It’s just food for thought […]

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Olduvai IV: Courage
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Olduvai II: Exodus
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