Personal and undiluted views
IMF

256 days ago

When you thought MPs could not get any more stupid...meet Zarah Sultana

University (liberal arts degree at a 3rd rate institution natch), brief stint working for a charity then full time Labour Party worker. Real life experience SFA, Inate intelligence ditto. Perfect. Find a safe inner city seat and become an MP; you will fit in well. Welcome to the world of Zarah Sultana, MP for one of the more ghastly parts of the dump that is Coventry. It ia hard to know where to start with her latest tweet  which is below.

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895 days ago

I cannot bear to watch the BBC any more, its bias & fake news on Brexit, Trump and Israel is just nauseating

For some reason we found ourselves watching both the 10 O’Clock News and Newsnight last night. In the end I had to switch off and vowed not to allow myself to suffer in this way again.  It started with the warnings from the convicted fraudster Christine Lagarde and the IMF on Brexit.

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941 days ago

Jesus Wept! The Greeks bring disaster upon themselves – snagaroo at the Hovel

You wonder why the Greek economy is such a trainwreck?  Of course there are all sorts of reasons: the scorched earth policies imposed on Greece by Germany, the EU  and IMF banksters; the debt Greece should never have been allowed to take on, the bloated public sector, corruption, they all play a part. But, as I discover again today as I try to rebuild the Greek Hovel, it is the smothering bureaucracy that kills enterprise. Take my marble, stuck at Kalamata.

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1469 days ago

The scariest ride to Athens airport - c/o a seasoned tax dodger

I arrived in good time at Athens bus station, aka the biggest shit hole this side of Mosul. and grabbed a cab for the airport. Within 100 yards the car was stuttering as if it was out of gas. The driver seemed unphased and just played with the gear stick as` if this was par for the course. On a dusty side street I was not too bothered but then we went onto the 4 lane motorway to the airport. He sensed my unease and asked "are you scared?" I lied and said no.

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1478 days ago

A lesson in Greekeconomics - the second ticket collector on the buses

When you get on a Greek bus, either the driver or a ticket collector who sits with him at the front, checks your ticket. You cannot board without one. It is simple enough. But then it gets complicated.

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1574 days ago

James Rickards: The Fed is Tapped Out & End Result is Ice-Nine for Gold

The Federal Reserve and IMF have both wrongly forecasted growth and inflation forecasts the for the last 8 years. The economists who run those organizations are not scientists, but dogmatists and ideologues who let preconceived notions and political preferences hinder their objective analysis. In his new book ‘The Road to Ruin: The Global Elites’ Secret Plan for the Next Financial Crisis’, New York Times bestselling author James Rickards shows some specific examples of how the scientific methods could work.

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1593 days ago

Global Debt Grows and Central Banks Are Buyers: funny money end game is in sight!

The latest missive from Sprott, the world's best known investor in precious metals, covers one of my core themes of 2016 - the fact that the world is drowning in debt. So who owns the debt and is it sustainable? Over to the experts... 

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2077 days ago

Tom Winnifrith GreeceCast will traitor Tsipras show spine & tell the banksters to screw themselves this time?

The IMF banksters have made new demands of Greece which are just not acceptable. Will PM Tsipras finally show some spine and tell the banksters where to get off, default and offer hope and a future for a post bankrupt Greece. Or will he once again be a traitor to his nation and his people and cave? This is now getting very interesting. Once again I suggest Tsipras reads the great Lord Byron (HERE) and thinks about what could be for a Greece freed from the debt and the banksters.

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2097 days ago

I sit where Where Greek Independence began in 1821 as the country prepares to go bust

In March 1821 the Greek war of independence began as the folk in the Mani launched an uprising against the accursed Turks. The Mani, where the Greek Hovel is situated, was always quasi independent anyway but its warlike folk started a fire that could not be supressed. The first major triumph was the storming of the Turk held fortress at Kalamata. No Maniots died but the entire Turkish garrison was slaughtered.

Right now I sit opposite that fortress, in Kalamata bus station having just purchased one more ouzo for the road, to Athens. Tomorrow

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