Whining for Wine

In a few years’ time we might all be whining because there is no more water left in the world apparently. That’s because according to the World Economic Forum “we are now on the verge of water bankruptcy in many places around the world, with no clear way of repaying the debt”. But, if there’s…

Cost of Living Not High Enough in EU

The EU may have many worries and woes that are slapping it around its face right now (and it could be said for a number of years), but there is one thing that is worrying economists more than the sovereign-debt crisis and that’s the fact that prices are not increasing enough. Economists at the European…

Record Levels of Currency Reserves Will Hit Hard

When the US federal government was shutdown, China jumped in on the financial bandwagon and suggested that we build ‘a de-Americanized world’, which boils down to getting rid of the dollar as the international reserve currency. As the law-makers and the political parties were dragging their feet, the Chinese had their running shoes on to…

Money Has No Smell for Brits

Money doesn’t smell of anything except money and wherever it comes from it gives off the same whiff of intoxicating magnetic attraction. Money, where some are concerned, is good wherever you get it from, but the only problem with that is there are times when the policies of some are in complete contradiction with that,…

Internet or Splinternet

The US and the National Security Agency may well have just dug their own grave where the internet is concerned. Outwardly the eavesdropping and the spying has outraged the leaders (although they have done little in retaliation so far) around the world to actually do anything of any worth towards the United States except say…

World Ready to Jump into Bed with China

President Obama, the US federal government shutdown, the omnipotence of the National Security Agency and the anger of the world at just how much the USA flouts the laws that we thought we might have lived by. These are all reasons and more for the rest of the world to turn their backs on the…