Can The American People See Their Black Hole?
I am starting to wonder if the American government needs a torch. They seem unable to spot the black hole into which they are pouring money. They ought to use a BIG torch!
In the face of enormous competition globally, a slowing market and what appear to be many internal problems, GM keeps losing money. [...]
Hyperinflation In The UK? – Here We Come!!
For those readers with a background in either finance or economics, the basic causes of inflation will be no surprise. For those of you that do not have a macro-economic background – the sensible ones! – here we go…
Inflation is generally caused by pressures that are either internal or external to the country concerned. External [...]
Enron, Gordon Brown And Borrowing
A recent reading of the December Esquire magazine grabbed my attention. The main investigative article – by Stephen Armstrong – in the edition looked at the role of the “NatWest 3” and Enron as it may – or may not – relate to the current market volatility. The article starts with the idea that the [...]