Originally posted on defytheeconomy:
In the last year the country has undergone profound economic, social and political changes. By the time of the election, Labour had created a welfare dependent working population. The managed decline with shopping centres we called urban regeneration won’t have shopping centres this time. Half of all British working families are bound…

China hoardes gold/

Here In this one, the days before the shit hit the fan, gold did rather well while the USD deteriorates and financials er….

A new political order in Greece required?

I have been searching for this, it appeared a week or so ago, and is just a comment piece by Pavlos Eleftheriadis, but is very good, and sits above the left right absurdity which takes over at times like this. I thought his comments about the relationship between media and politics was important and is…

Curiouser and curiouser..

I thought my blog had been marked as restricted, because it contains swearing. WordPress sometimes gets shitty about it. Mid last week I stopped being able to access it at various places, you can;’t read it on O2 mobile, or some other networks. I left a message on WordPress forums: and got this ”That site…

Repsol

I am not linking to this because of the name change obviously, this story is worth keeping in mind when considering the BP story. As part of an overall er…trend…or change.. Watching power shift, you have to take a moment to consider how it is held. Reason does not apply now, the rest of this…

Zerohedge; Greece

Here. Astonishing stuff. Tourism, Greece’s second largest industry after the shipping industry, and already in a downdraft, is taking another hit as tour-bus drivers will go on strike next week; wage negotiations have deadlocked. Owners demand that drivers take an additional 50% cut in pay and benefits on top of the 20% cut they’ve already suffered….