Category Archives: Finance and Economics

The Slide

…from the quill of Antisthenes the Younger I recall a debate with a friend a long time ago about the Left propagandists enamoured by the demise of manufacturing and the rise of “service industry”. How ‘service’ could be called industry … Continue reading

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Going in the right direction

…from the quill of Antisthenes the Younger The cheerful explanation here – http://www.zerohedge.com/news/2016-08-02/welfare-new-work

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Attack of Fresh Green Asparagus

Paul Jacko Glancing through the list of television programmes one would think that food is important. Yes, I know, I eat too, sometimes. (see F/Chaos – Fraudulent Food and Victuals Warfare) But watching some ‘expert’ cooking? Perhaps the TV moguls … Continue reading

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Amerika Amerika

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The budget a la Chávez

…from the quill of Antisthenes the Younger Last week Australians suffered the ignominy of another meaningless Federal Budget cobbled by the politicians increasingly desperate to get re-elected. So the agile and so innovative Turnbull came up with an increase of … Continue reading

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If only it was that simple

Turn off for thirty years, perhaps?

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Papeles de Panamá

…from the quill of Antisthenes the Younger When the news of that Panama’s legal firm helping people to hide their money surfaced, at first I thought – Only a tip of the iceberg. On second thought I realised that that … Continue reading

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Good news

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NOTHING NEW UNDER THE SUN (ALMOST) 13th February, 1976 : Soviet T-54 tanks, driven by Cuban troops, and backed by MiG fighter planes, are sweeping all before them as they drive into southern Angola, stronghold of the anti-Marxist and Western-backed … Continue reading

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NOTHING NEW UNDER THE SUN (ALMOST) 11th February, 1908 : Thomas Alva Edison, the prolific American inventor, has settled a long-running dispute over one of his most ingenious devices, the motion picture projector. The inventor of phonograph, the carbon telephone … Continue reading

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NOTHING NEW UNDER THE SUN (ALMOST) 7th January, 1917 : Last year was a boom year for the United States – the most prosperous in the country’s history. As part of the war effort, the mass production methods that have … Continue reading

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NOTHING NEW UNDER THE SUN (ALMOST) 23rd October, 1920: Not only is it now unlikely that Australia will see much of the £100,000,000 it hoped for in war reparations, but Britain says we owe it £42,695,000, with five percent interest, … Continue reading

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Work, women, work

…from the quill of Antisthenes the Younger   Work for the greater glory of global economy and defeat sexism at the same time! Malicious gnomes of The Economist, for decades fastidiously promoting the global rule by the rich and the … Continue reading

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NOTHING NEW UNDER THE SUN (ALMOST) 5th August, 1963 : Australia and Japan signed an historic new trade agreement in Tokyo today that will pave the way for a much greater exchange of goods between the two countries. It is … Continue reading

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The Golden Calf

…from the quill of Antisthenes the Younger Whatever Moses might had been trying to do, following the higher directive, he has not succeeded, not even, and some would say particularly, with his compatriots, Egyptian asylum seekers, tired of making bricks … Continue reading

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Warmed up souvlaki

… from the quill of Antisthenes the Younger The bankers, or rather some bankers, worry, many financial journalists worry, because everybody and his bitch (normally a dog, but no misogyny here…) is now an expert on finance, especially the Greek/EU … Continue reading

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The Greek theatre

from the quill of Antisthenes the Younger The world’s attention is still on the Greek summer pantomime, the Chinese economy goes through its own “readjustments“ and Australia is still borrowing $100 million a day. All is normal, nothing to worry … Continue reading

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Borrow, borrow, till you drop

Ludwig von Gress More than $35bn was wiped off the Australian stock market …. the looming rendezvous with destiny in the Hellenes… Greek banks remain closed today and all this week. One Athenian: “How can something like this happen without … Continue reading

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Perhaps a donkey?

…from the quill of Antisthenes the Younger Flicking through some TV news channel I noticed comrade Varoufakis getting out of the car on the way to yet another EU meeting where he was trying to explain why German taxpayers owe … Continue reading

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State of the nation

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