Author Archives: Windcutter

Austerity in the UK – Not while the government can think of something to do

Posted on May 17, 2012 by Windcutter

So what prompted this post? I’ll get to that unsavoury subject in a minute. Austerity, we need AUSTERITY. Or so we have been told. Otherwise the “bond vigilantes” will come down hard…So what prompted this post? I’ll get to that unsavoury subject … Continue reading →

Posted in Uncategorized | 14 Comments

Retirement – Dream On

Posted on April 28, 2012 by Windcutter

  Old paradigm; the building societies encourage savers, the building society lends out mortgages and pay the  depositors reasonable interest. New paradigm; the banks detest savers, borrow money from the…  Old paradigm; the building societies encourage savers, the building society … Continue reading →

Posted in Uncategorized | 5 Comments

In Praise of Idleness

Posted on March 14, 2012 by Windcutter

Maybe its time we all got acquainted with a bit of Bertrand Russel? http://www.zpub.com/notes/idle.html Topically he starts off with “Mediterranean sunshine idleness”, clearly he understood the nature of the “Southern EU peripheral…Maybe its time we all got acquainted with a bit of Bertrand Russel? … Continue reading →

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Economies and Banking

Posted on February 6, 2012 by Windcutter

Everybody around here has surely come across the formula MV = Py. This basic equation has been used to lecture students and determine economic policies over the years. Well, what…Everybody around here has surely come across the formula MV = … Continue reading →

Posted in Money | Tagged , | 16 Comments

Yanks in poverty, selfish old gits.

Posted on September 14, 2011 by Windcutter

It’s been very quiet around here today, so I thought that I would enliven the forum and boost the optimism. A new record has been broken, yes! There are more…It’s been very quiet around here today, so I thought that … Continue reading →

Posted in Uncategorized | 4 Comments