What’s Austerity?

As the EU agrees to fund another bailout deal to help Greece rise from the ashes, providing them with another $8.7 billion in financial aid, the question that begs an answer is: will this have any effect on the austerity that is being imposed on the country. Throwing good money after bad? The condition that…

Water, Water Everywhere - Just Buy it, Don’t Drink it!

If you had the chance right now to see what was going to happen in the ten years or so (and no, I’m not talking about looking into your crystal ball or invoking the spirits from the other side), then what would you do? You couldn’t really miss the opportunity and failing to see that…

Why Are We Still in Debt?

It seems sometimes these days that we (or rather some out there) might have just forgotten the real definition of the word ‘debt’. So, for their benefit: in other words, ‘debt’ is an obligation to pay back or to render something to someone else for a service or good that has been provided. It’s a…

The USA Bugging EU – But Trade Talks Go Ahead

EU-US trade talks: they were said to have died a slow and painful death (by surveillance) just a few weeks ago when it was revealed by the National security Agency whistleblower (Edward Snowden)  that the USA was listening in on the EU, and in particular France and Germany. The USA was bugging the EU (probably…

News That Matters - Week Beginning July 8th

NORTH AMERICA The new quarter got off to a slow start, what with Independence Day falling on the Thursday of last week. Mixed ISM data Monday and Wednesday left markets none the clearer on likely Fed tapering intentions and it took Wednesday’s ADP report before traders got a flavour of the state of the jobs…

Stock-Market Crashes Through the Ages – Part V – 21st Century

As the 21st century ushered in a new era of further inter-linked living between nations around the world and heightened levels of communication, technology became the tool that was at the finger-tips of everybody in real-time around the world. Governments were and still are mistrusted both by their people and by other states (and the…