Exploring my thoughts…

Am basically unplugged from the news cycle, exploring my impression of things. Which is occasionally rambling and often wrong, but how I see things at the minute nonetheless. Flood of posts, which are a bit rambling alert… more to come in a few days I expect.

NATO fizzles off..

NATO is going out with a whimper, pulling many players away from the age of Iraq, Afghanistan. The US economy having received quite the boost from Libya, met the line of acceptability drawn with Syria. The benefits of that special relationship are drifting away for us, as the reckoning begins and we shoulder the burden…

Future for UK without Europe

We are now realising the depth of the cancer left by neo-liberalism, and the reality of the ignored crisis which were its symptoms in this country, and as we face that, we operate as a leftover subsidiary of the primary host. Over the next year, we will absorb the risk that the host can outsource,…

Labour..

Labour may have enjoyed the protest vote of local elections, but are still seen as less credible than the Tories on the economy. Which means coalitions, suicidal austerity and TINA after her wig fell off. It is a tough sell in this environment, especially with our current prognosis. They appear to believe that as long…

Politically affilated press in the current scenario

David Cameron says the stakes are much higher than election 2015. Yes they fucking well are and this culture at the heart of politics and media has shown itself as the thing paralysing our ability to respond to that as a nation since 2008. It is not a huge scab to be picked off. Not…

Europe and the US

Whatever else has happened in Europe this year, they have established distance between European and US financial centres, and the UK satellite bridge. There has been a noticeable lessening of US presence within European crisis discussions. Whatever the global economy looks like when the flow of capital has finished changing direction, and the upcoming crisis…

Europe doesn’t have the biggest problems..

The most grotesque consequences of the austerity/bailout cycle will continue to be played out with those least able to accommodate it, but ultimately Europe is healthy enough to build a future that survives the death of neo-liberalism and the US hegemony that upheld it. We, on the other hand, have just manufactured a deficit crisis,…

The crisis we all share and how the burden is frantically being passed round

This crisis is built on shitty malfunctioning credit markets, and an assortment of property bubbles which haven’t burst yet. Overvalued assets underpinning malfunctioning credit market, a financial system brontosaurus nibbling at its own tail, at the centre. Growth there at the expense of everything else, the cancer cell ideology demanded as a response to symptoms…

The ideology of a cancer cell

At the source of the cancer in the US, govt. subsidised lenders like Ally Financial, are now placing mortgage subsidiaries into bankruptcy because they are still feeling the effect of loans written a decade ago. Mortgages are lifetime loans. The treatment for this cancer so far, has been to deliberately spread it and the risks…

Bankia and beyond.

If Bankia is bailed out, after a Europe wide unequivocal democratic rejection of the neo liberal response to the banking crisis, when it is so clearly foolhardy, it will accelerate discussion about the consequences of this financial crisis everywhere. Party politics shaped media narratives can no longer avoid it. Especially not while on trial. Our…