Posts Tagged ‘Economics’

Why Save the City? The story of Funny Munny

Wednesday, December 14th, 2011

Where does money come from? You might think, as I used to, that money comes from governments and central banks. They are the only people who can print money, aren’t they? WRONG. We aren’t working with REAL money any more. It’s fantasy money, made-up money, free lunch money, money that grew on trees.

F£$k the Greeks (and praise the IMF)

Wednesday, June 22nd, 2011

The rescue packages for Greece come from European governments supported by the IMF, riding over the hill like the cavalry in a black and white Western movie. And if you listen carefully to what is being said, you will hear that this is a stop-gap. In a year’s time we will be back here, but by then the German taxpayers will be shouting “enough”. But in the meantime, the loans will have been pumped back out to the banks and investors. Just like Indonesia, the Greeks can then go to hell.

Meeting the Bankruptcy Challenge

Wednesday, November 24th, 2010

We are faced with a very big challenge, and this posting is about the big questions that are about to be asked of each of us. The price of failure could be high. To survive global bankruptcy will require humanity to make the Gravesian leap to Yellow, to integrate its first-tier systems. We will need to take personal ownership of our impulse to care.