EU membership = speculative magnet

photo credit: pgpdesign (paul) The trend continues. EU membership comes concomitant with lower foreign investment rules, bringing a wave of speculation in real estate as rent seekers invest early to sit and wait until marginal rents bump up to the European average. Is...

Hudson: Finance Capitalism Hits a Wall

photo credit: woodleywonderworks The Oligarchs’ Escape Plan – at the Treasury’s Expense By Prof. Michael Hudson see the original article and the growing list of comments on Information Clearinghouse The financial “wealth creation” game is over. Economies emerged from...

A betterment levy: a cure to current ills

photo credit: Nickster 2000   Steven Spadijer in Online Opinion today writes a superbly researched piece on why government’s must consider our policy position. Stop rolling the dice and go with the odds: Exactly 100 years ago Winston Churchill and Lloyd George...