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Well we see the catastrophes coming. Spain, Greece, Ireland etc. have suffered (and are suffering) severly under a credit expansin. We know that this will lead to a catastrophe sooner or later. Von Mises has told us, Hayek hase told us and many others...
Well there are two things Actions of governments Action of central banks Well in this case I will link to a blog in German:http://www.rottmeyer.de/von-sparweltmeistern-und-anderen-erfolgsgeschichten/ The Irish government has started to support renters...
where neithe the sun warms nor the wind cools. It's one of thos days grey-in-grey my photo cells on the roof deliver energy just enough energy for one 40 W bulb. In best times I can get over 5000 W an hour which surely is enough for all our needs...
Just imagine all EU countries have collected more debts than ever in history. Greece has manipulated data to be part of this system. And what did we do we sanctioned their doing. Now imagine, I'm stealing your money, we go to court and you have to...
Since a few days ago I thought GM stands for Gerneral Motors, but I'm afraid I was wrong about it. I think it means "Great Manipulator" really. Here are the reasons: 1) promising tons of money for retirements, which have proofed to be unbearable...
Next round in the suggestions which indicate doom or failure of countries. "The higher the subsedies the more doomd is that country" Germany according to the Institut für Weltwirtschaft the subsedies and tax deductions should be as high as 164...
Well that's what the german deledefs seem to prefer. As some of you might have heard a german "frollein" has won the European song contest. Now the polticians declare her a "great" german figurehead. But you know, if you get instrumented...