A Greek newspaper has used the data collected by the Greek government's statistic collection agency to look at food inflation. (more…)
Economics
There are many sources that carry detailed answers to these questions and I could argue they are all correct but...
Peter Schiff, Ron Paul, Marc Faber etc are constantly talking about inflation and yet there does not appear to be...
Post Here My Reply (more…)
For those looking for a source of information that gives the historical prices of a huge range of commodities and...
It's a cliche, but buy Welsh. Either buy Welsh products or buy products from Welsh service providers and retailers, the...
Banks are getting a bad press at the moment and it appears governments are people are powerless without them, but...
We can , as individuals, print our own, trusted, personal currency. After a conversation on Yanis Varoufakis's blog I found myself...
The mainstream media, the EU politicians & the markets seem completely oblivious to reality of what is going on in...
The current government in Greece has pledged not to cut the government workforce, proposed liberalizations of protected industries such as...
Most of the media is saying that the answer to the crisis in the Euro is for the ECB to...
In a word choice. Giving people a simple choice will cut the social security budget massively. (more…)
It's been going for 8 years and the Greek government is still no closer no reducing it's deficit and in...
Obama and Hollande in France get easy points by saying they will tax the rich. (more…)
You probably already knew Moody's were clueless and not to be taken seriously. (more…)
I was speaking to a Greek lady yesterday and she was wondering what the effect would be in Greece now...
I left a comment on this video (more…)
Let me say from the off that I think Peter Schiff rocks but when it comes to austerity in Europe...
This article outlines how the UK can eliminate the value reduction tax called VAT. VAT can be cut completely with...
So the news reports that Rajoy is following the same program of "austerity" as Greece. The effect that so-called "austerity"...
Bloomberg have mentioned it twice now. They say Best Buy suffers from the "showroom effect" or they may have called...
ekathimerini.com came out with this editorial today (see bottom) and it is just the type of nonsense you would expect...
A lot of things came out of Paul Tucker's testimony yesterday in front of a Commons Select Committee. The first was...
Did Paul Tucker let the cat out of the bag during his testimony? Let me first repeat the them of...
Let me first apologise for the long winded podcast, I do it on my way to work and the traffic was particularly...
One thing that has struck me through all the news coverage of the supposed LIBOR rigging has been the complete...
Bloomberg did a little piece of the LIBOR rate rigging scandal today. If you are the sort of person that...
So what are Eurobonds? This is government debt which is backed by all the governments in the Eurozone. What is...
From here Richard June 20, 2012 at 09:44 # The Euro has massive potential for Greece. It places limits of...
Government debt keeps getting larger even when adjusted for inflation. That's it. That fact alone shows that Obama's government spending...
The mayor of Volos is the most forward thinking poltician I know of in Europe. He is encouraging something which...
This is a quote from Athens News today "If Greece unilaterally rejects the bailout deal it will be isolated for...
"I .... think about all those people who are trying to escape tax all the time. All these people in...
Found a blog that agrees with independence4wales on most things. (more…)
If you want to bypass the costs & complications of the legal system in your country or a foreign country,...
Wikipedia has a complicated explanation of fraudulent conveyance and why it is illegal but it simple terms it boils down...
The transfer is fraudulent if made with actual intent to hinder, delay or defraud any creditor. Thus, if the transfer is...
The big target for the Greek government has been to reduce the primary budget deficit (ie for the government to...
Reuters has a very broad article today outlining he possible consequences of a Greek exit from the Euro currency. It...
So a judge is not the prime minister of Greece. Here is an article explaining the situation in more detail....
Listening to American talk radio it seems Americans have the idea that Europeans are unhappy because governments are cutting back....
"Greeks used to be very happy people because we were living off money that didn't belong to us," he said...
The money system of most countries of the world is based on the central banking business model. The business model...
Bailouts say banks can borrow as much money as they want, if the government can't pay the loans back directly...
Ponzi scheme From Wikipedia, the free encyclopedia This article needs additional citations for verification. Please help improve this article by adding citations to reliable sources. Unsourced material...
The value of the Euro is controlled by the ECB through interest rates. To use a metaphor to explain how...
I was speaking to some Greek on the weekend and they highlighted the issue of a manufacturer who exported to...
The Greek recession has been, and is being deliberately induced by the Greek government. The purpose is vilify German economic...
The ECB is currently influenced by German politicians (Bear with me, it takes a while for me to get to...
Naked Capitalism has an excellent article detailing the Greek government debt crisis. Here it is, the comments on the article are also...
http://www.debtocracy.gr/indexen.html For the first time in Greece, a documentary produced by the audience. “Debtocracy” seeks the causes of the debt...
The Greek economy has been mismanaged by consecutive greek governments. The Greek central bank has been instrumental in allowing successive...
It has been in the news for month now. Greece's lender taking a 50% haircut on the their loans. But...
http://www.cnbc.com/id/41532451/The_Worst_Hyperinflation_Situations_of_All_Time
At a time when the Greek GDP is not enough to service the Greek debt load, Papademos has announced that...
As usual the mainstream media in Greece has not missed the opportunity to denigrate and belittle the Greek people in...
It seemed like the first thing the coalition government of the Conservatives and the Lib Dems announced is that they...
Kathimerini is one of the biggest newspapers in Greece. Today "the editors" have come out with an article dealing with...
A proposal for the currency of an independent Wales. Money is simply people's labour and property in an easy to trade form....
I have to say right from the start that I believe Gingrich is a complete lunatic and he is simply...
CNN is reporting that more guns were purchased in December of 2011 than in any month in history. With a...
The bankers control of the Greek economy is set to increase in January 2012 with the private banks to start...
GDP Greek politicians are now saying tax increases are off the table. Savings will have to come from cuts. If...
You would think the government would realise that Greeks don't like taxes and they don't want to pay taxes so...
Bloomberg reports that Christine Lagarde has stated that it is unfortunate that there are such things as democracies because they...
Tax evasion as a "problem" in Greece is a fiction put forward by successive Greek governments. The purpose of creating...
Nicolas Sarkozy has come out and said that the Greek austerity measures are not a big enough "punishment" on the...
Athens News carried an article today saying how 3 out of 5 Greeks approve of Papademos as Prime Minister. How...
EKathimerini carried an opinion piece today by Stavros Lygeros. And the article is as good an example as any of how...
Looking at this article Ill go through the article piece by piece 1. Charles Wyplosz says this - Angela Merkel’s vision of fiscal...
Wikipedia defines tyrant as Plato and Aristotle define a tyrant as, "one who rules without law, looks to his own advantage...
Mervyns King, governor of the Bank of England’s reading a statement regarding the Monetary Policy Commission’s latest recommendations httpv://youtu.be/vU03yTufdAo To...
While it is nice to see people protesting, unfortunately the Occupy Movement is protesting for more government and less big...
Either Sarkozy is completely incompetent or completely crazy or pumping out propaganda for an as yet, undisclosed purpose. The People's...
The cars are people, some people are richer than others, just like some cars are more expensive than others. You...
Athens News reports today that the first round of "labour reserve" will be drawn on Monday. I have said before...