8% Richer We’re Told: So Where Did it Go?

Quickly run off and take a look at your bank statement. The last time you checked it out, you probably made a mistake when looking at your personal wealth and general finances. It doesn’t feel like you’re richer, but that’s what we are being told today. If we repeat it long and hard enough, then…

Obamacare, Washington and Wall Street

When Obamacare was thought up it was more than just a presidential pledge to woo the poverty-stricken Americans into believing (and voting) that healthcare should be provided for all and sundry and that any Tom, Dick and Harry could get through life by being provided for by the state. What it did was create a…

Brit Bonanza on IPOs

The Brits have always been ready to prove that they are different. Mad dogs and Englishmen that go out in the mid-day sun and all that. But, this time, it looks as if there might be something better to look forward to than just scorched red cheeks and parched throats as well as a good…

EU PMI Up but Economy Still Fragile

The Germans will be getting out the beer and drinking a double dose of the amber nectar not only because Mutti Merkel as she is known (otherwise known as ‘Mother’ Angela Merkel) was reelected on Sunday 22nd September, but also because new reports issued today show that the Eurozone is doing better than expected. Let’s…

Rajan's Indian Funeral Pyre

Raghuram Rajan has been in his job at the head of the Reserve Bank of India for just a few weeks now and already changes are being made as the 23rd President. He plans to make sweeping changes to the financial system and bring the hierarchical administrative make-up of the sector to its knees by…

Women That Are Man Enough: Girls Who Run the World

Men have had their stab at making the world into what they wanted and they made a pretty poor show of it all we might say when we look at the economy. Except men being men, they think that they came out tops, most probably. Men still run the show for the moment, but it’s…