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Why Do They Call It The Eurozone Debt Crisis?82

Why Do They Call It The Eurozone Debt Crisis?

I think they should call it the Eurozone lending crisis. It seems a bit ironic to me how the pundits and the politicos keep calling it the 'Eurozone debt crisis'. It takes two to tango and it's debatable who are most to blame, whether it’s the...

22 comments    debt humour crisis
Trust Is The Glue That Holds Us Together72

Trust Is The Glue That Holds Us Together

Does money make the world go round? Will centrifugal force, Survive the banksters' money-go-round, And keep the world on course? Will trees stop growing fruit and nuts? Will soil stop giving up grain? Will 'we the people' move our butts, When...

18 comments    trust the banks the banksters
Austerity Measures Now - Banking Reforms Maybe Sometime62

Austerity Measures Now - Banking Reforms Maybe Sometime

I notice that Vince Cable, the UK Business Secretary was trying to get some progress on banking reforms yesterday. There's a report due on the 12th of this month when The Independent Commission on Banking is likely to recommend that banks ring-fence...

6 comments    banking austerity uk business
Banks Too Big To Fail, Governments Too Small To Succeed - Is Big Society the Answer?73

Banks Too Big To Fail, Governments Too Small To Succeed - Is Big Society the Answer?

The Governor of The Bank of England Mervyn King said in a Daily Telegraph interview recently that, "We've not yet solved the 'too big to fail' or, as I prefer to call it, the 'too important to fail' problem". Yeah right Mervyn let’s get the...

36 comments    government banks domestic abuse
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