Introducing My Choice

With as my examples the Zero hedge Forerunning column and the Scott Report compiled by the Contrail administrator and friend of mine Rose, I thought I’d introduce a selection of the articles that pass my eyes in the morning to give my readers an idea of the plethora of news that doesn’t make the MSM […]

UK finances, Bankers out of control and John Key wants to do the same here.

I’ve been meaning to show you a graph for the longest time but somehow I kept postponing it but today I finally found the time to get it to you. This graph is very interesting and here is why. The graph shows the debt distribution of 10 countries in December 2011. I shows the debt […]

Helga’s bar or how building a financial empire on broke alcoholics is not a good idea (unless you get bailed out by non-drinking middle class idjits)

Here is a dummies guide to what went wrong in Europe: Helga is the proprietor of a bar. She realizes that virtually all of her customers are unemployed alcoholics and, as such, can no longer afford to patronize her bar. To solve this problem, she comes up with a new marketing plan that allows her […]

Public credit or bust blogger breaks through in the mainstream media

Iain Parker who writes for and manages the Public Credit or Bust blog made history! He was both interviewed and invited to write an article in the Taranaki Times which is a Fairfax owned publication. Here is the link to the interview and here to his article. I urge you to visit Iain’s blog because […]

25 Signs That The Financial World Is About To Hit The Big Red Panic Button

Most of the worst financial panics in history have happened in the fall.  Just recall what happened in 1929, 1987 and 2008.  Well, September 2011 is about to begin and there are all kinds of signs that the financial world is about to hit the big red panic button.  Wave after wave of bad economic […]

Who is funding the Afghan Taliban? You don’t want to know

Up until quite recently, most experts thought that drug money accounted for the bulk of Taliban funding. But even here opinion was divided on actual amounts. Some reports gauged the total annual income at about $100 million, while others placed the figure as high as $300 million — still a small fraction of the $4 […]

Dominion Finance loses the battle

Why is nobody asking John Key what his opinion is about these crashes he is after all a finance guy? Dominion Finance Group, part of sharemarket-listed Dominion Finance Holdings, has been placed into receivership. Dominion Finance Group, much the larger of the company’s two operating subsidiaries, owes 6000 investors $224 million. However, the other main […]

Trouble at the Pentagon

The day before 9/11 on 9/10 Rumsfeld declared war. Not on a foreign anemy but on his own book keeping department: the Pantagon bureaucracy. Why? Because he announced that $ 2.3 had gone missing. On 9/11 Hani Hanjour, the pilot whose  flying skills were so limited that he could not hire a Cessna flew towards […]