May 2010
5 posts
the illuminating ABC 7:30 Report Clarke and Dawe...
We published a map of the intricate web of sovereign debt crippling Europe a few weeks ago on http://www.theotherschoolofeconomics.org/?p=984 theOtherSchoolofEconomics.org -Europe Web of Debt Quite colourful for those who like maps and number, but in all honesty quite a complex picture. Here is an other version of it in video delivered by John Clarke and Bryan Dawe on the ABC 7:30...
Money is Credit, which is actually Debt, and...
The social theory of money argues that money, is credit to the holder and a debt to society. Indeed money gives the holder the potential to purchase goods and services. The word credit comes from the Latin credere, to believe: the holder of money believes that it has value and so does the person who accepts it in payment. However, in our modern society, very confusingly, when we talk about...
Australia is still Terra Incognita to world...
Non-elected private forums which end up fulfilling influential policy shaping roles, and often setting the public agenda have long been fascinating oddities. Conspiracy theorists love them: from the Freemason lodges who make and break political careers, to the Davos gathering which took on the role of prescribing to the rest of the world, as if the existing parliaments or UN instances were...
Australia is still Terra Incognita to world...
Bilderberg Group to meet in Spain The agendas of our world acclaimed economic leaders are booked on June 3-6 for the once secret Bilderberg group annual gathering. This group is meant to be the place where global governance and would-be global policies are designed. For instance, BBC investigation uncovered documents from the early Bilderberg meetings, confirmed that the European Union was a...
The Hondurian job, the sequel
In a recent post, we introduced the lasting political fighs taking plac in Honduras following the 2009 coup, legalised afterward with the support of the US but not all Latin American countries. We stressed that behind the struggle for power there was a battle in the economic field between local Laissez Faire promoters and local communities. Lastes news from Honduras tell us that this fight is not...
