Sunday, 30 April 2017

Piketty theory not only explanation of Inequality

False triumphalism implied by headline! As the Rich own or control most if not all the media they are hanging on to any bit of 'evidence' that might justify extremes of income and wealth inequality. Of course, Piketty's theory is not the only explanation of inequality, it might not be scientific truth but it is one strand of thought that helps to explain inequality - among many others, such as legal structure of corporations, inheritance tax levels, copyright laws etc.
Sunday Times Rich List 2017: Richest people in Britain data vs Piketty theory - Business Insider

Saturday, 29 April 2017

Alphabet's chairman charged Co. $1.9 million for use of private planes

Gravediggers of Capitalism and Democracy are at work, the true "Deplorables". Anti-trust is asleep while Net Quasi Monopolies are free to harvest our cash.
Alphabet's chairman charged the company $1.9 million for use of private planes last year

Tuesday, 25 April 2017

City of London Execs: Read my Blog!

No need to panic about Brexit! I gave the verdict more than one year ago!
Brexit may not stop the EU having control over the City

Canada is launching an experiment that will give 4,000 people free money until 2020

Experiment is meaningless, participants may well be super-motivated to show that it works (for them) and try to be good members of society by pursuing paid work.
Canada is launching an experiment that will give 4,000 people free money until 2020

Friday, 21 April 2017

Population Growth - main Challenge to Future of Mankind

There may be some truth to it - Greece could probably grow out of its debt problem if population growth accelerates. But all-too-often analysts and commentators (and the politicians all over the world) see population growth as a positive. But stopping and reversing it would be the best way to stop environmental degradation!
Greeks Need To Start Having Babies Again Or Face Financial Oblivion

Population Growth often overlooked factor

The country had a population of 22 Million in 1945, latest estimate is for 2015 is 121 Million (!!), is it any surprise that many/most Developing countries are in a mess, and it is getting worse? All economic plans, reforms etc are fruitless endeavors if face of this human flood. Just imagine Switzerland with 30 Million people, of France with 210 Million!
Mexico’s Economy Is Being Plundered Dry | naked capitalism

Thursday, 20 April 2017

SURVEY: 82% of investors think more firms will set up in Europe because of Brexit

Nothing to worry about, if anything positive for UK as its firms will have to set their eyes on export markets in a more pro-active manner. Free of the cost of EU membership (mostly socialist redistribution to the unworthy) and regulation Britain should do well. Being ruled by one government rather than a committee of 27 should speed up decision making.
SURVEY: 82% of investors think more firms will set up in Europe because of Brexit

Monday, 10 April 2017

Ray Dalio of Bridgewater on human infrastructure

Well, it is ironic, but he is part of the problem, maybe even the solution. He and the like of him are sucking up the energy and the resources of the country, $1.4 billion, nice piece of change, and what did he do for it? Use the rules of the game to his advantage.
Ray Dalio of Bridgewater on human infrastructure - Business Insider

Friday, 7 April 2017

Time to ignore ridiculous #USA sanctions

Let the corrupt US politicians play their little sanction games, but the restt of the World should have the backbone to call their bluff, ignore them!

Clipping Iran's Wings - Winners & Losers From Congress' New Sanctions

Wednesday, 5 April 2017