Economics is neither tasty not nutritious!

Entitlement is deceptively subjective; politics an unfortunate structural requirement and yet, one thing's true, you can't feed your kids on hope and hype.

Tinkering with or restating GDP data is one thing; not addressing unemployment is something else altogether. Too many people from all walks-of-life and in most geographies are in financial stress. Although we're on the cusp of the next innovative age, there is little suggestion that the REAL issues are being adequately addressed. We're surprised when consumer-spending data shows that consumers are spending less.... Consumers are spending less because they, wait for it, have LESS to spend! Following on from that companies obviously stock less, build less, manufacture less and sell less... Why then the surprise when 'manufacturing data' deteriorates? Since companies sell less they employ fewer people who then spend less and so on. That's not economics it's common sense. Ironically companies reliant on technology and laying-off staff are merely 'passing-the-bill' hoping other industries employ the people they sell their goods to. It's not sustainable..

Do yourself a favour and employ as many people as you can. Your financial security, like mine, depends on them and theirs and his on hers and mine on yours.... The rest is rubbish.

Europe's world war & a fight for ECONOMIC relevance

Speak to an educated, politically astute European and don't be surprised when he / she tells you that Europe is embroiled in a war so bitter that subsequent social divides will take generations to bridge. 

An influential colleague contends that Europe is in a fight to the death and the enemy is none other than Britain and the United States! 

Why have the Europeans been so slow to respond to the EU crisis?  It’s a function of an outdated institutional structure and cumbersome Legislative, Judicial & Administrative bodies.

These are just a few of the institutional bodies / individuals responsible for the well-being of the European Union:

1. Ministers and parliamentary secretary generals.
2. Commissions / Committee of regions, economic and social council-BEI (European Bank of Investments)
3. FEOGA-(European Agricultural Guidance and Guarantee Funds).
4. (EMCF) -European Monetary Cooperation Funds.
5. Secretary General of the Council of Europe
6. Parliament
7. W.E.U (Western European Union)
8. EUROCORPS 
9. E.C.B (European Central Bank)
10. O.E.E.C (Organisation for Economic Co-operation and Development)
11. The Council of Europe
12. NATO (North Atlantic Treaty Organisation)
13. CSCE (Commission on Security and Cooperation in Europe)
14. The legislative council has powers.
15. The commissions and the legislature and the executive for the E.C.S.C. 
16. E.I.B (European Investment Bank)
17. E.B.R.D (European Bank for Reconstruction And Development) 

It’s understandable why Europe has responded so slowly to a deliberate, well-coordinated economic attack and why the consequences have been devastating. Germany has alluded to this fact and is demanding structural reforms.

Britain is the enemy… 

(A simple example) - Britain proposed the purchase of significantly subsidised New Zealand sheep in exchange for British-made vehicles offered cheaply. The sheep are sold to France at excessively inflated prices and the commission shared…It's open to scrutiny and is a tangible and deliberate attempt by Britain to collapse the EAGGF. 

The United States is the enemy… 

(A simple example) - European banks have been driven to the cusp of bankruptcy by a co-ordinated attack by US banks intent on creating problems where there are none in an effort to destroy the Euro. Interbank rates are open to scrutiny and confirm the intent.

Whichever way you look at it it's certainly a refreshing take on the European Crisis and perhaps an opinion we should not dismiss too lightly. 

You knew the world would not be the same

I suppose one way or another we all knew what had to happen here.

Only a fool dismisses the potentially cataclysmic socio-economic protests outside Wall St as a non-event. Even so, perversely, it's a self-absorbed and deceitfully false consolation to chant demographically popular anti- Wall St rhetoric. To do so adds credence to the establishment which relies on the ignorance of the people for stability. Systemic failure is hard-wired into the financial 'operating system' and it can't be outrun..

Ignoring the emotive naivety that 'all men are created equal', the presupposed notion of self-indulgent material entitlement becomes core. Selective praise for technological advancement is equally naive. For interest, lauding Apple Inc. for its technological innovation whilst despising the technological efficiencies in the manufacturing sector which, by definition, lead to job losses is wrong. Equally, blaming banks or Wall St for excessive credit extension, sovereign or otherwise on the basis of deferred repayment, an accepted, modern innovation, is ignorant. These institutions, conduits for our ceaseless material demands, then become scapegoats for greed, not theirs, ours...

Accepting that the fault lies within each of us is an obvious if not painful prerequisite for economic change. Only then can we effectively address 'the system' which is, quite candidly, terminal.