1197 days ago
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.
1836 days ago
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.
1883 days ago
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.
2411 days ago
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.
2419 days ago
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.
2516 days ago
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.
2535 days ago
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...
3018 days ago
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.
3038 days ago
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