debts

The Undeserving

In this season of good will to all and general cheer let us talk of “The Undeserving.” They are an emotive topic. They divide people. Do they exist or are they a political scapegoat? I personally do not feel anyone is born undeserving. But some people achieve it. Some seem to take a cruel and …

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Secrets and Lies

Every credit has its debit, every positive its negative. So for every secret there must be a lie, and every lie must be kept secret. This is the currency of power today. Fiat truth. We are not allowed to have any secrets any more.  And yet those who insist they must know the truth about …

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Some small thoughts – On the power-struggle between ‘money’ and debt.

Think back to the neo-liberal glory years when every ‘right thinking’ person could see clearly that governments simply had to be shrunk and their spending and debt reduced. Isn’t it interesting that this was also the era when the old limits on bank leverage  – how much the banks could print – were removed. It was also the …

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An apology

An Apology I have thought more about what I wrote in The Humiliation of Greece and have come to the conclusion that I was, in part, wrong. So I would like to offer a sincere an unreserved apology to all those who read it I would also like to offer an explanation of where I …

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