You know that game involving word association at the psychotherapists? The one where you have to say the first word that springs to mind.
Getting ready for Christmas? What’s Santa got in his sack for you this year? Well, if there’s one thing you should be preparing for, then it can only be the big crash of February 2014.
What do people in Utah (apparently) and Republicans have in common? Now, that’s a conundrum if ever you have heard one! The clock is ticking away and I guess you still haven’t found the answer.
Edward Snowden has recently revealed that he has a secret cache of ‘doomsday’ material that will blow the world apart and the US in particular.
It might have been the Republican shutdown (according to one person at the White House, at least). It might have been the fault of the Syrian leader Bachar Al-Assad gassing his people with chemical weapons.
What would you do in the country that has only 4% of its population that earns more than $5 per day to eke out its existence if you wanted to sell in that country?
France’s General de Gaulle once said that the only thing that would unite Europe would be China. At the time he was probably visionary in the knowledge that the Europeans would never unite.
When the US shutdown sent shivers and ripples through the financial markets in October with the fear that the federal government would end up defaulting on the repayment of its debts, the banks decided to set up contingency plans.
Five years ago it was worth $0. Then, a month and a half ago it went to $150 a piece. On Monday it shot to over $600.
Money means power. Money only deprives people on the losing team of their fundamental rights in society and it’s money that makes the world go round.
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”.
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.
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.
Money doesn’t smell of anything except money and wherever it comes from it gives off the same whiff of intoxicating magnetic attraction.
The US and the National Security Agency may well have just dug their own grave where the internet is concerned.