The Greek diseases
You might wonder how we can throw hundreds of billions of Euros at Greece and it just simply disappears, with nothing to show for it. Some of this money we […]
You might wonder how we can throw hundreds of billions of Euros at Greece and it just simply disappears, with nothing to show for it. Some of this money we […]
All religions are man made, created to explain things before science came along. Because they depend on blind faith of something that doesn’t exist they create incredible fervor and zeal. […]
After the Greek referendum I wrote the “Apocolypse now” article that summarised the situation. Within days Alexis Tsipras of Syriza was back at the EU, presenting a deal even stricter than the […]
The idea of tax credits is simple, they are just negative income tax, which gives tax that other people have paid to people who the government think need more money. […]
Look at the graph above and it shows you how Labour’s Gordon Brown hammered the striving working man, the person grafting to provide for themselves and their family. Even when […]
So the Greeks have voted 61.3% “No”, 38.7% “Yes” in a referendum that has rejected the third Troika bail out of the Greek economy. Obviously these voters expect Angela Merkel […]
The most important recent event in the contest is Liz Kendall borrowing the phrase “continuity Miliband” from this blog (here). I don’t mind because she is the only candidate who […]
This week MPs were discussing Syria as if Islamic State were responsible for the Tunisia shootings. They weren’t. David Cameron is far more responsible for the Tunisia killings than IS […]
One of the most amazing successes of my lifetime has been the immense increase in wealth in the world. All generated by the wonder that is capitalism. And whilst the […]
The people of Greece are fantastic. Amazing. Hard working and entrepenurial whilst still valuing the quality of life. Their business skills mean they own a big chunk of all the world’s […]
In terms of the overall EU economy Greece is very small beer indeed. This is why the Eurocrats were happy to keep throwing our money at the Greek lifestyle in […]