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Ending the Ownership of Money
It must be common knowledge by now that some of the world’s most economically powerful nations are insolvent due to the burden of sovereign debt. These economies are held together through by the faith of citizens and businesses in the currency. If that faith evaporates, the leading economies will crash as voters realise the only thing underwriting the economy is debt.

Boko Haram attack on Nigerian village leaves nearly 100 people dead


According to eye witnesses nearly 100 people have been killed in an attack on mosques and houses in a village in north-eastern Nigerian by suspected Boko Haram militants, news feeds reported today (2 July 2015).

Sleepwalking Into Another Middle East War To Make Obama Look Good
Watching the news feeeds, we see The United States has blocked attempts by its alleged Middle East allies to fly heavy weapons directly to the Kurds fighting the Islamic State jihad in Iraq.

War, Famine, Plague and all that
It is no secret that “news” media in the developed world is owned by a few corporate empires whose ultimate owners' are financial operators whose reach extends into manufacturing, extraction industries, big agriculture and food,

The Day the Earth Died - And Why The Green Lobby Did Not Raise A Whimper In Protest
By selling their votes in return for pledges of government spending in their states the current crop of US Senators have effectively transformed their nation from a representative democracy to a dictatorship in which the President can make law on a whim.

Artificial Intelligence: Will It Kill Human Society?
The media, the so called 'experts' and politicians hail every technological advance as if it will btransport us from reality to a utopian paradise. but does Artificial Intelligence and related internet and computer technology pose theats to human society that far outweigh any possible advantages? Whateve, Google plan to put machines in our place on top of the food chain.

City of Berkeley to require cellphone sellers to warn of possible radiation risks
One of the fist themes of this blog was that mobile phones (and wi-fi etc.) do pose a risk to health. Here's the latest admission that the sceptics voices were right, from The Guardian

Have US tactics only helped to make ISIS more powerful?/b>
We have questioned the US led efforts to defeat ISIS in the middle east many times, pointing out that every time the western alliance steps up opposition to the establishment of a news Islamic Caliphate, Islamic State seem to get stronger. 'Conspiracy Theorists', our critics yell. So let's look at opinion from around the world that concurs with ours.

Refugee host school in Germany bans revealing clothes
We have asked before and no doubt will again, when the citizens of a nation are constantly asked to give up their freedoms and change their behaviour in order to avoid offending new arrivals from medievalist cultures, whose effing country is it anyway.

More Violence In Malmo As Community Centre Burned
27 'youths' arrested after shootout in Rosengård
More trouble in Sweden as the ruling elite's determination to had the country over to lawless gangsters and tribalists from barbaric third world cess pits sees violence and inter - tribal conflict continue to increase in the once peaceful suburbs of Swedish cities.

Refugeee Host School In Germany Bans Short Skirts As They Wind Up Muslim Boys
We have asked before and no doubt will again, when the citizens of a nation are constantly asked to give up their freedoms and change their behaviour in order to avoid offending new arrivals from medievalist cultures, whose effing country is it anyway.

How Ironic That Humourless Warmageddonists Will Not See The Irony
I've lost count of how many times this blog has highlighted the extraordinary consistency with which politicians and scientists working in concert manage to achieve the exact opposite of what they are aiming for. One might be tempted to think that the first step in proposing a scientific solution to any problem is to first understand what harm the unintended consequences of your solution might cause.

Saying The Unsayable
Watching BBC Question Time last Thursday, I was struck once again by the way it was left to one of the stock hate figures of the left, Melanie Phillips, to actually pronounce the great, clunking truth that the online activities of left wing hate mobs have rendered unsayable.

Mediterranean Boat People Crisis Threatens European Identity
As European leaders gathere for a summit meeting on the Mediterranean Immigrant crisis, Italy's Matteo Renzi has warned that Europe must find a solution to the ever increasing flow of migrants from third world locations or risk losing its identity.

Saying The Unsayable: Today, Melanie Phillips
Watching BBC Question Time last Thursday, I was struck once again by the way it was left to one of the stock hate figures of the left, Melanie Phillips, to actually pronounce the great, clunking truth that left wing hate mobs have made unsayable.

Russia Outmanoeuvres the west again
While mainstream media (and even some of the more rabidly fascistic left wing bloggers) have been trying to demonize Russia as a way of drumming up public sympathy for Barack Obama's efforts to start a shooting war with Moscow, we Boggart Bloggers and ...

America and UK Lead the World in Climate Scepticism Several times now it has looked as if the climate chance scare was over as the enthusiasm of climate scitentists for changing real world data to fit in with the predictions of their mathematical models has been exposed. But as the scare was never about the environment, but was a scam to redistribute wealth from rich to poor countries, the politicians are throwing their propaganda budgets behind it again.

Sham Marriages To Beat Immigration Laws Are Out Of Control
With main immigration news on being dominated by the Mediterranean boat people crisis and the masses at Calais hoping to stow away in a freight container, we forget that another way of getting somebody into the country is the sham marriage. Numbers involved may be small, but it is another indication of our governments' failure to address the immigration problem.

Mediterranean Immigrant Composite
The flow of undocumented migrants from Africa trying to cross the Mediterranean from the coast of Libya to Italian, Greek and Maltese territory seems unstoppable. Two factors in the problem however have been western (particlarly American meddling in the internal affairs of African states, and wester aid leading to a population explosion national infrastructures are unable to cope with. And of course European leaders haven't a clue how to deal with the problem.

De-Dollarization Du Jour: Russia's Largest Bank Issues Yuan-Denominated Guarantees
Leading the charge to multipolarity and de-dollarization are Russia, resugent despite economic sanctions and the rising superpower in waiting, China. The downgrading of the dollar is clearly demonstrated in the launch of the BRICS bank and the establishment of the AIIB.

Sweden: The Destruction Of A Great Nation
The headline may seem dramatic but when you read of what is happening to Swedish society due to the authoritarian leadership of a politically correct metropolitan elite, and the social engineering projects of left wing intellectuals, the attacks on free speech by corporate media and the effects of unmanaged imigration, you will understand we are being quite restriained in our description of the situation.

The Great Gay Cake Scandal
As tensions rise between the USA and its rivals Russia and China, taking the world to the brink of global conflict, as the economic crisis drags on, reducing more nations to economic basket case status, as extremists rampage through the middle east and Africa and threaten to turn their attention to Europe next, it seems our British champions of love, pece and tolerance can find nothing more important to occupy them than persecutiong a christian bakery that refused to bake a gay cake.

Seinfeld: Comedians Tell Me ‘Don’t Go Near Colleges — They’re So PC’
Comedian Jerry Seinfeld speaking on ESPNU and ESPN Radio’s “The Herd with Colin Cowherd” on Thursday (5 June) referred to how other comedians have warned him to not take his comedy act to college campuses because they are so politically correct now.

Financial Coup in Greece? Source: Le Monde Diplomatique
From France Le Monde Diplomatique reports that four months after Syriza’s victory in the Greek election, with the traditional parties of government, the Panhellenic Socialist Movement (Pasok) and New Democracy (right wing) have been completely destroyed. The first radical leftist government since the “mountain government” at the time of the German occupation is still very popular despite its struggles to resist EU presure for more austerity.

Five Asian Men Charged over Oxford Child Sex Exploitation
Another five men of Pakistani backgrounds, all living in Oxford have been charged with sexual offences by police investigating organised child sexual exploitation over a period of 16 years. Over 100 officers were involved in dawn raids in the city on Tuesday morning,with nine men of Asian origin being arrested ...

The "Better Than Cash Alliance" Has An Orwellian Plan

And, just like the Jekyll Island group sold their grand plans based on a lie (they claimed that the Fed would guarantee liquidity in times of financial panics), the Better Than Cash Alliance is selling the idea of a cashless society based on the farce that eliminating cash would stimulate entrepreneurship among the poor. In reality, the elimination of cash would reduce a great many opportunities for entrepreneurship for people of few means ...

Social Science Degrees Make Great Leaders? More Junk Science.
We've had junk science on climate change, genetically modified seeds, many types of medicines and social engineering. The junkiest of junk science however is always commissioned by public service organisations and is aimed at convincing the public that our public servants are doing a good job. Fortunately the public are not as gullible as our leaders suppose.

Electoral Reform in Britain - Is It Time for True Proportional Representation?
After every British election, when around a quarter of voters find the party they voted for is hardly represented in the House Of Commons (In 2015, 8 per cent of the votes equals just 8 of the 650 members, while a party with 13% has just one), people who believe in democracy try to start a debate about reforming the voting system. And as ever, supporters of the two main parties, which benefit most from the current undemocratic system, try to stifle debate.

Soros Encourages Obama Administration To Further Interference In Ukraine While western leaders continue to pose as the guys with white hats in the confrontations with Russia and China, hacker collective CyberBerkut has leaked some hacked documents which show Russia is not behind the escalation of provocation, but the guys in black hats who really run western governments, led by George Soros.

US Foreign Policy has Boosted Expansion of Terrorism, Putin Says
Russia’s president Putin has become more harsh in his criticisms of US foreign policy over the past few years, from the moment France, the UK and USA used the excuse of staging a 'humanitarian mission to prevent genocide in Libya' to wage a bombing campain on that country with the aim of bringing down the Gaddafi regime, relations between the western powers and the Russia / China alliance have been going downhill fast ...

Financial Coup in Greece

From day to day mainstream and alternative media commentators speculate about when Greece will finally admit is is bankrupt and will have to leave the European Single Currency system, abandon the Euro and return to the Drachman, and the Euronazis of brussels admite they were wrong to bend the rules in order to get Greece to adopt the Euro, and stop piling more agony on the long suffering Greek people and help organize a painless exit.

Julian Assange On The TPP: "Deal Isn't About Trade, It's About Corporate Control"
Wikileaks founder Julian Assange, still banged up the the London embassy of the Ecuador government has been speaking on the TPP deal which the Obama admisistration has been trying to fast track through the US Congress withour Senators or Representatives being allowed to debate it or even know what is in it. And from what wikileaks and other whistleblower sites have revealed, it is highly unsurprising the Obama administration is being so secretive ...

15 More Men of South Asian Descent Charged With Child Sex Offences
West Yorkshire Police have charged 14 men and a 16-year-old boy with sex offences including the rape of a girl under the age of 16 in Keighley, a small town in the old Woollen Industry distict of the county. The offences centre on one female victim, with one allegation involving a second who was also under 16 at the time.

New IBM software lets banks and retailers spy on Social Media Activities
Last Thursday (May 28) IBM launched 20 new applications with built in predictive analytics capabilities that will make it easier and faster for corporations to repond to what is revealed by your internet browsing habits.

Google a step closer to developing machines with human-like intelligence
Computers will have developed “common sense” within a decade and we could be counting them among our friends not long afterwards, one of the world’s leading AI scientists has predicted. Professor Geoff Hinton, who was hired by Google two years ago to help develop intelligent operating systems, said that the company is on the brink of developing algorithms with the capacity for logic, natural conversation and even flirtation.

Elderly face NHS discrimination as new United Nations plan defines death targets for nations
Leaders of the western powers, anxious it seems to divest themselves of responsibility while extending and tightening their grip on power, are happy to promote the United Nations as a de facto World Government. The problem is the United Nations employs as advisers and bureaucrats many people whose authoritarian and racist political position makes Herr Hitler look positively liberal.

Wi-Fi Radiation Warning By Lloyd’s of London - After Industry Denied The Risks
Canadian school boards and school medical health officers have been notified by their government's Education Department that insurers Lloyd’s of London has excluded from school insurance cover any liability for injuries, "directly or indirectly arising out of, resulting from or contributed to by electromagnetic fields, electromagnetic radiation, electromagnetism, radio waves or noise." ...

Emergency Powers Give Barack Obama Authority Over Just About Everything During A Major National Crisis


Thanks to dozens of new laws, regulations, court decisions and executive orders, Barack Obama is the most powerful president in all of U.S. history. Of course the U.S. Constitution does not actually give the president any special powers during a time of national emergency, but over time presidents have decided that they should be able to exercise such powers ...

Human Rights: UK Not subject To EHRC says Judge

The oath that every British judge takes requires that they try every case according to the laws and usage of the realm, which means we have to comply with the law as set out by the british parliament and interpreted by higher courts. Parliament requires judges to take account of European decisions.

Secret Meeting in London to "End Cash"

Economist Martin Armstrong claims there is a "secret meeting to end cash" set to take place in London before the end of the month involving representatives from the ECB and the Federal Reserve. Armstrong, who is known for successfully predicting the 1987 Black Monday crash as well as the 1998 Russian financial collapse, expressed his shock that no news outlet has reported on this upcoming conference.

Conspiracy Theorists' Revenge. Exposing the Lies Of The Propaganda Machines
Being a controversialist news site dedicated to challenging the government, corporate and academic propaganda and putting the 'minority report' in front of people who like to think for themselves, we are often accused of being 'conspiracy theorists', 'right wing nut jobs' and anti progress. This page is where we take our revenge, highlighting those stories dismissed as conspiracy theories that have evntuslly, thanks largely to the efforts of new media campaigns, been demonstrated to be true.

Home Secretary says Britain Will Outlaw Hate And Extremism
In yet another example of how out of touch with reality our leaders are, Theresa May announced on BBC Radio 4's Today programme that the "British" government's determination to make "hate," "extremism" and "Neo-Nazism" illegal.

American Department of Defence Admits Supporting ISIS In Syria
Rumours have been rife for almost a year that ISIS/ISIL/ whatever you want to call them, the Islamist rebel group who have taken control of large areas of Syria and Iraq with the intention of setting up a new Islamic Caliphate, were actually set up by United Staes CIA agents with the aim of overthrowing secular Muslim dictators and helping the US ally Saudi Arabia impose theocratic rule throughout the Arab lands. A new leak proves that once again the 'conspiracy theorists' were right.

A Swedish Voter Loses It With The Politically Correct Idiots Running His Country
The problems caused by government created immigrant ghettoes in Swedish cities have turned the once safe streets into war zones as rival gangs from various immigrant communities vie for control of the drugs, prostitution and illegal gambling trades.

Prepare For The Worst Case Scenario
An article on the cashless society our political and corporate overlords are pushing for proposes that as far as privacy and individual liberty are concerned, what is being planned right now in the political capitals and financial centres of the world is the worst case scenarion. An all digital financial system would mean the end of privacy, nothing you bought or traded would be your own business any more ...

Google a step closer to developing machines with human-like intelligence

Computers will have developed “common sense” within a decade and we could be counting them among our friends not long afterwards, one of the world’s leading AI scientists has predicted. Professor Geoff Hinton, who The Guardian reports was hired by Google two years ago to help develop intelligent operating systems, said that the company is on the brink of developing algorithms with the capacity for logic, natural conversation and even flirtation.

Back In 1971 Libertarians Were Predicting Debit Cards Would Become A Spy Tool For Authoritarian Governments
The powers that be are pushing for a cashless society although some of the technology involved is hardly fit for purpose. But will going cashless and totally digital really be a benign move towards a safer, more convenient world, or will it amount to a monstrous invasion of privacy and a curtailment of personal liberty?

Human Rights Tyranny: Have Wealthy Liberal And Left Wing Activists Destroyed Equality In Law
We have written on the human rights tyrants of the authoritarian, fascistic liberal and progressive left many times. Lawyers, celebrities, media luvvies and politicians seem determined to destroy the basic principle of free speech, freedom of information and equality before the law that underpin democracy in the causeof turning every minority into a privileged caste. But can democratic societies withstand the assault. We seem to be heading for a fragmented, dystopian future.

Another American Foreign Policy Embarrassment As Department of Defence Admits Supporting ISIS In Syria
News of how leaked documents prove the US Central intelligence Agency set up ISIS for the purpose of destabilizing the middle east is all over the internet, yet mainstream media continue to ignore it ...

Cashless Society: The Spy In Your Wallet

Back In 1971 Libertarians Were Predicting Debit Cards Would Become A Spy Tool For Authoritarian Governments. In 2013 The Wall Street Journal reported that the Naional Security Agency (NSA) was monitoring the card transactions of American citizens. Following that, two Senators, Wyden and Udall – who both sit on the Senate Intelligence Committee and thus have access to classified information about the government’s digital snooping intelligenece gathering programs wrote ...

'No Monsanto!': Protest Against GMO Food Goes Global
Thousands took to streets across the world’s cities on Saturday to protest the use of GMO products, with Giant Monsanto being the main target. Over 50 countries have been taking part in the march for world food day, and across 47 different US states. Berlin, Strasbourg, Chicago, London, Sydney and Mumbai are just a few of the 500 cities worldwide involved in the rallies, with each one drawing hundreds.

Another 'Scientific Consensus' Turns Out To Be Corporate / Government Scam
So there are no scientists in the world who question the corporate lieOpen Letter from World Scientists to All Governments Concerning Genetically Modified Organisms (GMOs). The World Scientists Statement dates from 1999. It was superceded by the Independent Science Panel Report in 2003, and by the most recent report Ban GMOs Now in 2013.

War For The middle East - Why Islamic State Is Winning

The Obama Administration, and in particular The State Department which under the leadership of John (57) Kerry looks after foreign policy has all in all had a nightmare few months since the turn of the year. The unlikely (and unholy) Saudi Arabian - Israeli alliance in cahoots with U.S. neocons and military / industrial complex corporations have pressured the President into escalating U.S. aggression toward the secular government of Bashar Al Assad in Syria.

Secret Pentagon Report Reveals US "Created" ISIS As A "Tool" To Overthrow Syria's President Assad
From the first sudden, and quite dramatic, appearance of the Islamic group known as ISIS on the world's stage and which promptly replaced the worn out and tired al Qaeda as the world's terrorist bogeyman, we suggested that the "straight to beheading YouTube clip" purpose behind the Saudi Arabia-funded Islamic State was a simple one: use the Jihadists as the vehicle of choice to achieve a political goal:

Europe In Crisis About The Mediterranean Boat People
The intervention in Libya by western powers France, UK and USA (the FUKUS axis) was morrally and politically wrong as well as being perhaps the most stupid example of balls out politics by an American president ever. To overthrow the leader of any nation, no matter how unpopular he is with other world leaders, is a dangerous game.

Child Protection Chief Who Failed To Act Against Pakistani Rape Gangs Rehired on £1k a Day
A senior child protection officer, who quit her post with a six-figure payoff, after being censured for failing to speak out about widespread sexual abuse by Pakistani gangs involved in grooming and sexual abuse of vulnersble under age girls has immediately been re-engaged as a consultant and is being paid almost £1,000 a day.

Gaddafi’s home town falls to Islamic State in anarchic Libya
Under the rule of strongman dictator Muammar Gaddafi Libya was the most prosperous nation on the African continent and its nationals had the highest standard of living. Since the western Coalition, the FUKUS Axis led by Barack Hussein Obama (nee Barry Dunham) supported a rag tag army of dissidents, malcontents and religious fanatics by bombing the Gaddafi regime (along with much of Libya's infrastructure to oblivion, the nation has descended into near anarchy.

After Cigarettes and Alcohol, The Government Plans Sugar Tax
The election may have put a Conservative government in power and consigned the pokenoses and busybodies of Labour and the Lib Dems to the political wilderness, but the bansturbators of the public sector march on, their war against pleasure, laughter, tasty food and anything that might put people at risk of enjoying themselves continuing unabated it seems.

Elderly Sweedish Residents Evicted to Make Way for Asylum Seekers

The latest outrage from Sweden's Politically Correct Fascists is a report about elderly residents of the Millmark center in Sörmark, being served with eviction notices on last week because their group retirement home declared was due to be transformed into a government asylum shelter for 'refugees' (aka illegal immigrants).

Global Warming Is Not Causing Any Polar Ice Cap Meltdown Says NASA
Updated data from NASA satellite instruments reveal the Earth’s polar ice caps have not receded at all since the satellite instruments began measuring the ice caps in 1979. Since the end of 2012, moreover, total polar ice extent has largely remained above the post-1979 average. The updated data contradict one of the most frequently asserted global warming claims – that global warming is causing the polar ice caps to recede.

Brexit - The End Of The European Superstate Dream?
David Cameron, having won the election with a wafer thin majority is now under the cosh from eurosceptics in his own party as well as party managers panicked by the rise of UKIP. He has promised an early in-out referendum on Britain's future membership of the EU but can he win the concessions he needs to secure a yes vote from the punters

How Congressional Republicans Lie to Approve Obama Trade Deals
With opposition to Obama's 'anything-but-free' trade treaties Trans Pacific Partnership and Trans-Atlantic Trade And Investment Partnership strengthening both in the USA and Europe, it is interesting to observe how support for Obama's neo - con inititiative which would grant corporate lawyers the power to overturn national law, is not falling according to the usual political party lines. Billionaires and those on the payroll of global corporations are broadly in support, others are recognising the threat to democracy and personal liberty.

Political, academic and business elite push for introduction of Cashless Society
The ' cashless society' has been a pipedream of technology nerds, control freak politicians and academics who favour global fascism for some years. The technology now exists, the political consensus appears to exist (because the elites have underestimated the strength of feeling against globalism around the world, and the voices raised in support of this latest attack by the technology tyrants on individual liberty and privacy are geting louder.

IMF Attempts to Hide True Cost of Renewables
A new report ffrom the International Monetary Fund (IMF) claims Fossil fuel companies are benefiting from a global subsidy of £3.4 trillion a year. The figure dwarfs that of government handouts aimed at encouraging investors to put money into unprofitable renewable energy sources such as wind turbines. Total subsidies for renewables are stated to amount to £77 billion a year.

Racist Student Union Officer says 'I Can't be Racist'
We have often made points about the hypocroisy of the left, but a Student Union diversity officer from London beats all comers. Having tweeted 'kill all white men' she justifies herself by saying that as an ethnic minority woman she cannot be racist or bigoted.

Adolescent Girl Raped By 60 Men In Asian Grooming Gang
A trial jury atThe Old Bailey, London, heard yesterday the harrowing ddetails of how two schoolgirls were groomed and raped by an paedophile gang based in Aylesbury, Bucks, while aged just 12 and 13. Eleven gang members, accused of carrying out the crimes between 2006 and 2012 face 49 criminal charges between them including statutory rape, child prostitution and creating child pornography, The Daily Mirror reports.

John Kerry Calls For The Internet To Be Placed Under The Authority Of The United Nations
US Secretary of State John Kerry, speaking earlier this week in South Korea, said that the Internet “needs rules to be able to flourish and work properly.” This, according to Kerry, is necessary even for “a technology founded on freedom.” Kerry made his remarks in the context of talking about how international law is applicable to the Internet.

The New World Order?
It is hard to think of another phrase that gets authority worshippers quite so wound up as New World Order. The worlds always prompt a sneerfest among those who are quick to shout 'Conspiracy Theory' and slow to think. The phrase was not coined by a conspiracy theorist, nor was is some secret masonic code used on United States dollar bills to signify the intention to create a global empire (Novus Ordo Seclorum does not even mean 'New World Order' - more below).

The Free Trade Deception Almost No One Understands
More on those evil twins of global trade, the Trans Pacific Partnership (TPP) and Trans Atlantic Trade and Investment Partnership (TTIP) which are not about freeing business from bureaucracy but freeing corporations from the tiresome obligation to obey national laws covering trading standards, food quality, workers' rights, consumer protection and the environment. We've written about both treaties many times before.

Moroccan Youths Selling Arse, Hash On The Streets of Stockholm
At least 200 children from Morocco alone are currently roaming the streets of Stockholm, selling their bodies and committing various crimes such as drug peddling, theft, pickpocketing, shoplifting and robbery. It is known that over 11,000 illegal immigrants whose asylum applications were rejected have gone underground in Swedish cities.

Globalization and the Retrun To Serfdom
When the power elites promise something that will benefit people everywhere it can be taken what the world will get is the opposite. Thus when we were told globalisation would make everybody more prosperous, abolish poverty and narrow the gap between rich and poor, only a fool would have failed to regognize what was on offer comprised a return to medieval poverty and servitude for the masses while the rich became richer.

Polar Temperature Data ‘Proving’ Climate Change Nothing More than a Guess
Dr Benny Peiser who heads up the Global Warming Policy Foundation (GWPF), has said temperature readings from the Arctic and Antarctic used to estimate the effects of global warming are nothing more than guesswork. GWPF last month announced its intention to carry out a wide-ranging review of the data underpinning claims on global warming.

The Eurozone is a Disaster; Britain Must Leave the EU’ says City Economist
One of the leading City Of London economists has said that the European Single Currency System (eurozone) is a “complete disaster” and that “Britain needs to leave the EU”. Roger Bootle, founder of Capital Economics talking to Money Week about his new book, 'The Trouble With Europe', which he says he wrote to get his thinking straight on Europe, has said that a Brexit would be the best thing for the UK economy.

Has German Finance Minister Given The OK For A Greex EU Exit Referendum?
Comments by German Finance Chief Wolfgang Schaeuble seemed to indicate that the EU's paymaster is ready to let Greek PM Tsipras put continuing Euro single currency membership for Greece to a popular vote. Any such move could affect negotiations with creditors by allowing Syriza to claim it hasn’t betrayed its support base, but a vote also risks plunging the country into turmoil should the gambit backfire

US Senators Block Obama's Fast Track For Corporate Friendly Trade Deals
As the efforts of the European Union to 'fast track' the pernicious and corporate friendly Trans Atlantic Trade and Investment Partnership (TTIP) his widespread opposition across the European Union member nations, the far eastern equivalent TPP (Trans Pacific Partnership) is being derailed by similar fears about jobs, workers' rights and national sovereignty in the USA.

The West Is Always To Blame For Africa's Troubles
It seems to us that according to the the political left of European and north American nation, we in the west are responsible for all of Africa's racial, economic and it was even the 'evil white man' who instigated tribal wars and genocides that took place before and parts of the continent was colonised. But excusing Africa's endemic problems is a parh to self destruction.

EU Refugee Quota Scheme Unravels

The European Union (EU) faces many battles, from the one to stop the sigle currency system falling apart as nations like Greece, Spain, Italy and Portugal find the costs ofr membership outweigh the benefits, to it's latest, the Mediterranean boat people crisis as more and more people try to cross from North African to Europe illegally, with the help of human tafficking racketeers.

Google: We told you they are evil
Google has managed to boost its revenues by billions of dollars this year by attacking thousands of smaller businesses who make money from affiliate programs. It does this by deliberately favoring large brands in its search results. "This war is largely secret because very few people understand this shift. Google manages to deflect attention through publicity about projects such as Google+, or its self-driven cars — none of which are ...

Lutfer Rahman, Eletoral Fradudster - Labout Can't Live With Him But They Can't Live Without Him

Honorouable and decent members (ahem!) of the Labour National Executive Committee leaped to the defence of Lutfer Rahman, elected mayor of Tower Hamlets who was recently convicted of electoral fraud and a host of other crimes related to electoral fraud. Their evidence of his innocence, "he's a mulim", he has dark skin", people who oppose him are racists.

US Senator Warns America Against Potentially Disastrous Obama Trade Deal

US Senator Jeff Sessionsis ringing alarm bells, warning colleagues and the public about the dangers to democracy, individual liberty, jobs and the health of the nationsl economy possed by the Obama Administration's flaggship policies, the free trade deals, Trade Promotion Authority (TPA), Trans-Pacific Partnership (TPP), TTIP (Trans Atlantic Trade and Investment Partnership and TISA tradedeals.

He's Not The Messiah, His Name Is Edymandias - Miliband's slab stunt goes down like a Lead Balloon Only two days campaigning left before polls open for the 2015 general election. Who will win? Opinion Poll show no conclusive trends. But inside information tells us the reason conservative Prime Minister David Cameron has a smile on his face as the campaigning draws to a close. Farage is radiant, clegg liooks chirpy, only Ed Milband is down in the dumps.

Mediterranean Immigrant Crisis - EU plays politics with lives
The story of the migrants trying to cross the Mediterranean from the coast of north Africa to Italy is a humanitarian crisis. But when the British government offered Royal Navy ships to help with rescue operations and in bringing to justice the ruthless criminals who take exhorbitant feees then put hundreds of lives at risk by herding their clients onto unseaworthy, overloaded boats, European Union officials started to attach political conditions to UK help

EU Accused of Using Migrant Boat Crisis to Further Integration
The unelected bureaucrats who run EU stand accused of cynically exploiting the Mediterranean boat people crisis to further it’s European integration program that will result in the national sovereignty of 28 ~(and growing) member states being abolished as they are amalgamated into a single federal superstate.

House battery to store energy will 'change entire infrastructure of the world' - or maybe not


House battery to store energy will 'change entire infrastructure of the world' - or maybe not
Another costly new product hailed as a breakthough in technology, this time a clutching-at-straws exercise from the failing electric car company Tesla, completely fails to live up to the hype under scrutiny. Hailed as a super battery, a mjor advance in battery technology that will change the world to store power for a household, it turns out to be nothing more than a streamined car battery. It will run the average home for about 2 hours.

EU and US talk of war with Russia
The European People’s Party (EPP) is the largest political group in the European Parliament, and they are unerringly supportive of America's efforts to start a war with Russia. “The time of talk and persuasion with Russia is over," MEP and Vice-President of the EPP told a meeting on Tuesday, 21 April, “Now it’s time for a tough policy, and concentration on defence and security ...”

How Mainstream Media And The Major Political Parties Are Making Sure Voters Do not Hear The Voices Of Politics' Most Powerful Critics
As the General Election campaign starts to heat up, we try to shift focus away from the squabbling between Conservative and Labour about who can make the most promises they have no intention of keeping and to the real issues concerning jobs, social breakdown , mass immigration, and loss of national sovereignty.

Tony Blair under pressure to come clean over Labour minister child sex abuse cover-up
Pressure mounted on Tony Blair tonight to answer questions over the Mirror’s revelations that a child sex abuse probe was axed after a minister in his government was named as a suspect. MPs joined forces with a victim of abuse to call on the former Prime Minister to reveal if he knew about the alleged cover up or of any allegations against the politician.

Multi-Cultural England: Are You Feeling The Progressive Diversity That's Enriching Your Life Visit some parts of most British cities with large immigrant populations and you will be hard pressed to recognize it, certainly my granparents would struggle to recognize the towns they knew. Appeasement of foreigners has destroyed the character of our communities but as usual the political left advise solving the problem by doing over again the things that caused it.

Europe is waking up to the threat of globalism and the Transatlantic Partnership
Massive protests in Europe, an issue that unites the bitterly hostile right and left wing politiucal factions in the USA, the Trans Altantic Trade And Investment Partnership (TTIP) must be something quite special. The Daily Stirrer believes it is a corporate power grab, a bid to transfer the lawmaking systems of sovereign nations to bureucrats and corporate lawyers. Learn more below ...

Labour Scourge Of Tax Avoiders Is A Tax Dodger? WTF is going on?
We have often made points about the hypocroisy of the left, particularly those lefties, but surely Margaret Hodge (nee Oppenheim - the diamond people) is the undisputed champ of left wing hypocrites. As a senior Labour MP Margaret was always eager to condemn tax avoidance. Unfortunately like most self righteous Labour millionaires she did not practice what she preached.

The Immigration Problem (part 1)
As Britain, its voters divided between pragmatism and politically correct thinking, heads for political chaos in an election likely to produce and inconclusive result, the big issue that none of the established parties want to talk about looks set to dominate the political debate through the next government's term in office.

The Baltimore Riots: The Verdict Of Baseball Team The Orioles Owner's Son
In the wake of violent protests that left eastern USA port city Baltimore in flames and were triggered by the funeral of Freddie Gray who died after sustaining a spinal injury while being taken into policy custody, American politicians and media commentators are struggling to explain to the public how the events of Monday evening could happen in twenty - first century America.

Labour's NHS Privatization By Stealth PFI Deals Are Killing Hospital Patients
It is really gobsmacking to see every day, Labour supporters blaiming the Conservatives and Lib Dems for the NHS cisis and accusing UKIP of wanting to privatize the NHS,, when in reality UKIP, the only party whose leaders have real world business experience, are the only party that can or even wish to save the NHS. Get wise to LabLibCon corporate piracy.

Massive Protests In Europe Against TTIP - Mainstream Media Blackout
If you read us here, at Boggart Blog or The Daily Stirrer, or is you are among the growing number of people who turn to alternative media to find out what's really going on in the world, you are most likely aware of the 'free' trade deals, TTIP, TISA, and TPP being negotiated in secret, behind closed doors.

How To Help The Poor - A look at how mainstream politics talks of fairness but penalises poverty
All three mainstream parties in the May 2015 General Election are focusing, as they did last time, on fairness, equality and helping 'the poor'. As their senior spokesmen piously pontificate there will be no trace of irony from either Conservative, Labour or Liberal Democrat while the spout such bollocks, even though they know their economic policies will penalise the poor.

SNP: Scottish Nazi Party?
Do you really want a bunch of creepy authoritarians like this pulling Ed Miliband's strings in a Labour - SNP power sharing deal?

I've been trying to warn you for years but would you tech heads and science heads listen?
A facebook friend, Mary Bladley McCaulay writes: Now I know for sure Google earth is following me. Went to the Dentist in Mufreesboro this AM. When I got back to my sons house and got online with my Kindle, first thing I saw was a Dental ad.

PayPal Asserts Copyright Ownership Over All Intellectual Property of its Users
The update comes in the aftermath of the announcement that eBay and PayPalwill split apartinto two separate companies. Under the heading “Intellectual Property,” PayPal announcesthat it is introducing a new paragraph to its agreement, effective July 1, 2015, that will allow the company to “use content that you post for publication using the Services”.

Poldark female star: Obsession with topless Aidan Turner is 'sexist and undermines the show'
The latest outburst has come in response to a few tabloid stories of actor Aidan Turner's 'topless' appearances in the BBC television series Poldark. The screeching sisters can't really complain about male chauvinism as it is women who are lusting for Ross Poldark. So the ladies (?) are upset because they can't go topless too.

BBC scandal – Breast beating, politically correct broadcaster has links to gangters, banksters and the arms trade As news leaks out from the inner sanctums of the BBC about cronyism and corruption in the corporations management structure, people are starting to wonder if the Clarkson fiasco was engineered to deflect attention from the way the BBC has been infiltrated by corporate business, and the linked issue of political bias in its news coverage of the election campaign.

After TTIP Signed, Corporate Sovereignty Will Trump National Laws
News on the anti democracy, anti - sovereignty, corporate friendly TTIP and its sibling TPP, TISA, TAFTA and other treaties that change the meaning of the phrase 'free trade' to mean corporate businesses are free to do as they like without having to consider tedious civil rights, environmental protection and consumer protection laws.

Who Granted The GMO Evangelists The Monopoly On Compassion?

According to the warped world view of pro-GMO individual Paul Evans, who appears to be associated with the ‘allow golden rice’ website and the ‘Galileo Movement’. I happened to respond by raising some of the issues set out below in the hope of having some kind of informed, reasonable debate. With hindsight, there was little chance of that happening.

California’s Mandatory Vaccinations Bill: Big Pharma Lobbyists Call the Shots, Community Opposition Ignored After the historic outpouring of families to halt the passing of SB-277 last Wednesday in California, information has now been made public to further put into question the bill’s credibility. After passing the Sacramento Health Committee vote, the bill was delayed as committee chair Senator Carol Liu wisely told the bill’s author Richard Pan “If I were you, I would not take a vote today.”

Could Corrupt EU-US 'Free Trade' Deal Be Extended To Israel?
There are many reasons to oppose the planned Transatlantic Trade and Investment Partnership (TTIP), not least because references to 'free' in the text of leaked drafts does not refer to freedom in any conventional sense but to giving global corporations the ability to operate outside the jurisdiction of sovereign governments and override national law.

The Mediterranean Boat People Crisis - How Does Europe Deal With The Mediterranean Migrant Crisis
The numbers of migrants trying to cross from the Libya on the coast of north Africa to one of the EU's southern nations is increasing. Europe's impoverished southern nations can't cope. And in the better off nations of northern Europe immigration is a toxic issue which is fuelling the rise of anti EU parties from France to Finnland in the north and Hungary in the east. What can be done?

It Starts At The Finnish
Conservative, Euro-sceptic party True Finns (PS) have come second in a national election in Finland. They may now be asked to join a ruling coalition with the liberal, anti EU Centrist Party which knocked pro-Europe, pro-federalisation conservative party off the top spot.

If Sturgeon Is Jerking Miliband's Strings, Who Will Be Prime Minister
Since the second division leaders' debate last week, The SNP's Nicola Sturgeon has been leading the news every day. With Labour facing wipeout by the nationalists in Scotland, the possibility of a Labour / SNP coalition along the lines of the Conservative / Lib Dem coalition that has governed since 2010 has become the obsession of the media.

Leaked EU - TTIP document: Destruction of Democracy planned
A new leaked European Commission proposal which if implemented would form part of the EU-US Transatlantic Trade and Investment Partnership (TTIP) treaty currently being negotiated in secret between Brussels and Washington, EU member state legislative proposals will be subjected to vetting by corporate lawyers for potential impacts on private business interests first.

Self-Loathing Sweden Should Only Welcome Persecuted Immigrants, Instead They Invite The Persecutors Too.
We have covered immigration problems in Europe extensively, but the European country that demonstrates how wide the gap between ordinary people and the ruling eilte has become is Sweden where the politically correct governing coalition's immigration and social policies seem to indicate the elite are engaged in a genocide campaign against ethnic Swedes

The Greek "White Knight" Emerges: Putin To Give Athens €5 Billion For Advance Gas Pipeline Fees

With Greece teetering on the edge of insolvency and forced to raid pension and most other public funds, ahead of another month of heavy IMF repayments which has prompted even the ECB to speculate Greece should introduce a parallel "IOU" currency, a white knight has appeared out of nowhere for Greece,

The Public Interest to Protect Powerful Paedophiles
The Director of Public Prosecutions has decided that it would not be in the public interest to prosecute serial paedophile Greville Janner, for many years the leader of the Zionist lobby in the UK. I presume that his convenient senility is the reason for non-prosecution ...

Reasons Why This Pagan Will Not Vote Labour, Conservative Or Liberal Democrat.
As we prepare to vote in a General Election that we are told will change British Politucs forever, Ian looks at a choice of three main parties that basically offer the same set of globalist, multiculturalist policies and consideres which way a pagan should vote.

The Truth - Labour Privatized The NHS between 1997 and 2010, Now Their Toxic Policies Are Bankrupting It
In the run up to the 2015 UK General Election, and without doubt beyond, one of the great political controversies will focus on the future of the national Health Service (NHS). While most voters consider The Conservatives to be the party of private profit and thus consider Labour a better choice to look after the NHS, Labour has in fact done more, and more damagingly, to privateize health services

NHS executives 'earn £35 million in pay rises' despite funding crisis
While Labour, Lib Dem and Green politicians accused the Conservatives of starving the NHS of cash,and as many Hospital Trusts faced financial problems and having to cut back on standards of care given to patients, we are learning that NHS bosses awarded themselves over £35 million in pay rises during the worst financial year in the history of the service.

Germany Needs A Revolution, Anti-Islam Campaigner Tells PEGIDA Supporters in Dresden
Dresden, Germany heard controversial Dutch politician Geert Wilders address them last night, as the group rebuilds momentum ground after weathering vicious and untrue attacks from German mainstream media, and physical violence from the usual left wing rent-a-mob thugs who always turn out to deny the right of free speech to those who opposed their views.

Anti-Science – The Church Of Scienceology's Latest Pejorative Term For People Who Think And Question.
We are not the only web site to take exception to accusations of being anti - science and all the other pejorative terms used by the Church Of Scienceology disciples to deflect criticism from independent minded people who are smart anough to ask Cui Bono? Which corporate business benefits.

Corporate Capitalism Has Replaced Democracy In Western Nations.
Although this is about the UK General Election in 2015 it has much wider relevance, concerning what is happening in the democratic societies of the developed nation. For that reason this look at how corporate capitalism is usurping democracy and individual freedom will also be relevant long after that election in May 2025.

World War Three? Kiev Reinvades Donbass, Deliberate Provocation Trashed Minsk Agreement
When America wants to provoke Russia it uses proxies, a rabble in Libya, Islamic fundamentalists in Syria and Iraq and neo - Nazi thugs in Ukraine. So far Russia has resisted the urge to kick Obama in the balls, but sooner or later the Russia - China - Iran alliance will respond.

Who Runs America? US Federal Trade Commission Takes Orders From Google
Barak Obama runs America surely, you might well be thinking. We would argue that no US President since Eisenhower has truly run the USA. But the latest revelation of how cosy the Obama Administration has become with corporate business, to the extent that government departments are taking instruction from Google will shock even the most cynical Americans

Rhodes Statue Defaced As South Africa Slides Back Into Primitive Tribalism
A statue of colonial leader Cecil Rhodes at the University of Cape Town has been removed after students launched an uncompromising campaign to have the British explorer and businessman expunged from history. Protesters poured red paint on the bronze figure and danced on the plinth as the statue was lifted off on Friday.

Punish Climate Change Liars" Demands Climate Change Liar
Over the years my scepticism about global warming and attempts to initiate intellgent discussion of the dodgy science based on mathematical models that forms the basis of the Warmageddonist case, versus much less alarming projections based on data from real world observations haveearned me accusations of being a child murderer. Not only that, some of the lefties who support climate fascism have demanded the death penalty for people who disagree with them. And yet they think it unfair to punish certain child rapists and murderers. Hypocrites.

US Soldiers Forced To Sit Through P C 'White Privilege Presentation. Not Happy Bunnies
The U.S. Army is investigating an unauthorized diversity training presentation on “white privilege” shown to hundreds of Georgia soldiers, USA Today reported, citing an Army spokeswoman. The Equal Opportunity training presentation was shown to about 400 soldiers of the 67th Signal Battalion at Fort Gordon on Thursday, according to Captain Lindsay Roman.

Britain's Racist Future: Labour Set To Throw Selection On Merit Out The Window
With four weeks to go until a General Election that could change the face of Britain forever, the Labour Party, which hopes to be elected to govern this great and proud nation, has unveiled a set of policies that would make minorities into privileged castes and relegate the white Working and middle classes to the status of second class citizens. Could you vote for a party that hates your country, your party and YOU?

Now We Know Why Huge TPP Trade Deal Is Kept Secret From the Public
A key section of the secret Trans-Pacific Partnership (TPP) trade agreement has been leaked to the public. The New York Times has a major story on the contents of the leaked chapter, and it's as bad as many of us feared. Now we know why the corporations and the Obama administration want the TPP, a huge "trade" agreement being negotiated between the United States and 11 other countries, kept secret from the public until it's too late to stop it.

Judge Cuts 20 Year Old's Rape Sentence By 15 Years Because 'He Did Not Mean To Hurt 3-Year-Old Victim
It could only happen in the land of politically correct twattery of course, while here in the UK Labour Party supporters and the Islington Screechers corps wail and gnash their teeth over the fact that pedophiles are denied fulfillment and must be given the right to fuck four year olds, in California the judiciary are acting to rectify the situation ...

Teacher Forced To Resign For 'Sharing' Material Critical Of Obama And His Beloved Muslim Terrorists
The supporters of the wannabe King of the American Empire like to describe themselves as 'liberal', 'progressive', and left wing. If they were really any of those things they would not be as fanatically committed to the idea of suppressing free speech as they are.

US Presidents Of The Past warned Against Secret, Shadow Government. By now it should be obvious that peacemake, joybringer and putative aquatic pedestrian Barack Hussein Obama was never really in charge of the US Government. Whatever Obama said would happen, all the American government's policies ensured the opposit would happen. The embedded article thows some light on how the US government really works

Google Meets White House Officials Every Week Why?
... Given the close relationship the company has with the Obama administration, an administration which has shown itself to be severely "truth challenged," in its dealings with the public, this is of some concern.

Indiana pizza shop closes after anti-gay marriage comments; donations pour in


An Indiana pizza shop owner’s anti-gay marriage stance is paying off. Online supporters donated more than $33,000 in three hours to Memories Pizza after the pie maker’s controversial pledge not to cater same-sex weddings spawned a wave of criticism.

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Greece draws up drachma plans, prepares to miss IMF payment
Greece is preparing plans to nationalise the country’s banking system and introduce a parallel coupon currency so that citizens can carry on their day to day activities in the event of the Eurozone taking steps to defuse the simmering debt crisis. Sources in the governing Syriza party said the government may be forced to take the unprecedented and high risk step of missing a payment to the International Monetary Fund (IMF) as early as next week.

Russia Propositions Europe: Dump The US$ And I'll Show You My Eurasian Economic Union
The wheels of bureaucracy turn slowly but they grind exceedingly fine, goes an old business maxim. It seems the slow turning of the E U's bureaucratic wheels is bringing Brussels round to understanding that as a result of the western economic and financial sactions on Russian, it is the European Union member nations and the EU itself that is being hit hardest...

Christmas Message: Economic Recovery, Bah, Humbug While western government economists pump out propaganda about how economic recovery is steaming ahead (in the hope of persuading consumers to take on debt ad start spending in the befief that good times are just round the corner, and politicians wallow in schadenfreude because Russia looks to be suffering) our economics experts writes about what is realy happening and why oil pices have collapsed. It isn't pretty.

Even The BIS Is Shocked At How Broken Markets Have Become.
If the Bank of International Settlements (BIS) the bank where banks and governments do business is worried about the state of the markets, we are in bigger trouble than anyone is letting on.

What Would George Orwell Think Of The Screeching Left's Horror At Plans To Shrink The State. In part one of his classic social commentary, The Road To Wigan Pier, George Orwell wrote of the grinding poverty and appalling living conditions endured by people in industrial areas. The second part, which is more revevant to the 21st Century is a rant against the superiority of the upper class 'Fabian' socialists who have hijacked the Labour movement and whose Paternal Liberalism is in almost all ways more repugnant that the uncaring attitude of the old elite.

Dark clouds of retribution are gathering over the hubris of economic optimism
If we listen to economically illiterate idiots like Barack Obama, George Osborne, Paul Krugman and the EU leaders Jean Claude Drunkard, Gauleiter Martin Schulz and Herman Van Rumpy Pumpy we might get swept up in the belief that global economic recovery is surging ahead. The statistics they recite suggest so. Unfortunately statistics are easily manipulated. The views of people who actually run businesses tell a different story.

EU Cuts Growth Forecasts as Big Economies Falter
The EU has cut its optimistic forecasts of economic growth for all member states in 2014 and 2015 to less than 1% of GDP per annum. No surprise there to those of us who understand all the positive economic data we are fed is fake, and even if the figures meant anything at all, growth of less than one per cent when inflation is running at four to five per cent according to the most cautious estimates. In real terms the EU economy is contracting. Here's why.

You’re not feeling the economic boom are you? Here’s why
Our government keeps talking about economic recovery, so does the Obama administration in the USA and the bureaucratic dictatorship of unelected penpushers in the European Union headquarters, Brussels. but in the perception of most people, things are not getting better, in fact they are getting worse. So where's this economic 'growth' they keep talking about. Well nothing is ever what is seems to be, all the economic growth is in prostitution, drug dealing, gun running and smuggling ...

Corporate plundering of the UK purse has to stop – Facebook pays zero tax again
Our finance expert looks at the latest tax avoidance scandal and wonders why the governments financial agencies are always to eager to go after small time tax and benefit fraud and yet year after year turn a bling eye to the blatant criminality of global corporations in their tax evasion techniques.

Ebola, Stock Market, Nuclear War. It's all going tits up. WTF?
Woke up this morning (I know that sounds like the opening of a blues song, but bear with me), leisurely breakfast, watched the news - Osborne wittering about how well they economy was doing (which was an ominous sign), read for a while, drove Mrs T down the shops. Came in, turned on the computer.

Things That Make You Boggle ... Like The Misplaced Confidence Of Academics
Why are economics academics always so sure that their predictions are correct. Given the abysmal record on economists on calling the economic trends correctly even after they have happened let alone ahead of the trend, you would think exponsents of the dismal science would be a little more cautious in proclaiming their gusses as evidence backed facts. They never seen to learn however.

New Global Crisis Imminen, New Geneva Report Warns The Geneva Report refers to a “poisonous combination of high and rising global debt and slowing nominal GDP [gross domestic product], driven by both slowing real growth and falling inflation”. The total burden of world debt, private and public, has risen from 160 per cent of national income in 2001 to almost 200 per cent after the crisis struck in 2009 and 215 per cent in 2013. “Contrary to widely held beliefs, the world has not yet begun to delever and the global debt to GDP ratio is still growing, breaking new highs,” the report said.

IMF Chief Legarde Arrested? It's DSKja vu All Over Again.
Like her predecessor in the job, Domique Strauss - Khan, IMF Chief Christine Legarde feaces prosecution for criminality and is likely to be forced out of the job. Yet the dodgy episodes in Legarde's past were well known before she was appointed head of the IMF. So who put the kinfe in and why?

Game And Set To Putin - Sanctions Hit EU Economies
Do you remember how the lefties cheered just a short while ago when in retaliation for Russia not obliging the warmongers of the military / industrial complex by starting World War Three in response to numerous provocations. They praised ...

FUKUS axis imposes sanctions, Russian Oligarchs Shrug
So far in the Libyan crisis, the Syria crisis, the Iraq crisis and the Ukraine crisis, Obama and the European leaders have made a lot of noise and imposed a lot of meaningless sanctions (like confiscating the bus passes of retired Russian gengsters living in the west. And the Russians have just quietly got on with doing what they were doing.

G77 Nations vow to destroy America’s New World Order
By leading the G7, G8 and G20 economic groups for the past few decades the US government has managed to exploit its status as holder of the global reserve currency until it appeared on the brink og global economic hegemony. The Americans overplayed their hand however, became too blatant in their bullying of smaller nations and helping corporate interests override national laws. Now the world is closing ranks against the USA. Can't say we're sorry.

New World Order IMF Advocates Taking Pensions & Deferring Redemption of Gov’t Debt.
Global Capitalism my arse, the dominant economic system is Naziism pure and simple. Who but Nazis or Communists (and they are truly different faces of George Orwell's Oligarchic Collectivism) whould propose stealing the pension funds we poor punters have worked all our lives to accumilate to pay for the stupidity, selfishness and irresponsibility of our masters?

Financial Crisis? The Dow Has Already Fallen More Than 1000 Points From The Peak Of The Market
The dramatic falls in world wide stock markets over the past week hows that the Daily Stirrer finance expert was correct in predicting this, such recovery in the global economy as has happened since 2008 has been the result of printing money and manipulating the markets. This latest action is part of a massive heist by the bankers to drain the value from our savings and pensions

Corporate Banker's $1.5 Quadrillion Conspiracy: EU Accuses 13 Banks Of Operating A Derivative Trading Cartel
Debt, how much of a threat to ordinary people is it? The truth might frighten you which is why bank bosses, government leaders and media pundits are not eager to tell the truth. What can we do? Not much in the short term, in the long term, reclaim the sovereignty of our nations and our individual sovereignty and tell the world view thinkers their crazy ideas have maxed out their credit

Was The Banks' Cypriot Smash And Grab A Rehersal
When I started here at Bubblews back in early March the big story was the financial meltdown in Cyprus and the international response that shocked the world. The political leaders and international bankers whose incompetence and irresponsibility caused ...

Now We Know What Those Naughty Bilderbergers Were Plotting
Left behind after the Bilderberg group check out of The Grove Country House Hotel was the remnant of a presentation promoting the Thompson Reuters Online Trading Platform. What was that about? Well we know now, read the article below

The Planned Green Holocaust, Depopulation Needed To Save The Planet
The science tits, The Watermelons (green on the outside, red on the inside) and even the raffia mafia are happy to talk about Carbon Dioxide but nobody wants to talk about the biggest threat to human civilization, overpopulation. Some hope the surplus billions will go away, others have a much more brutal final solution in mind.

War On Cash Begins, It Is Not About Keeping You Or Your Money Safe From Muggers
Government and big busin.ess has been nudging us towards abandoning cash for electronic money for a long time. Now the Frech government has become the first to move towards making cash illegal (because government can't keep tabs on what you do with your money when cash passes from hand to hand ...

Globalisation, Misinformation, Deception, False Store Fronts ...
Enniskillen (pop 14,000) will shortly host a meeting of the G8 global economic forum. Now G8 has declined in importance since the formation of the G20 group so you might think its precipitous fall down the league table of political influence is why they have ended up in little, out of the way Enniskillen.Or cynics amongst us (me for example) might thing the great and good have chosen ...

Forget Recession, US banks Post Record Profits
Do you feel the value of your savings has been eroded and the buying power of your earnings reduced by higher taxes and austerity measures governments have introduced to 'save the economy.'Yeah but ... we're all in this together aren't we and everybody is making sacrifices, you might well reply. Except we're not all in it together, not everyone is ...

The Banksters Bullion Heist: How The Gold Market Was Hi Jacked And The Banksters Robbed Us All
The rapid drop in gold prices recently has been said by some to be a sign a new economic crisis is imminent while others say it is a sign economic confidence is returning and the slump is over. It is neither, but rather a demostration of how banksters rig the markets in gold, commodities, currency ans shares, and rob us all.

Fears Of Violence And Unrest As English Town Prepares For Bilberberg Rally
The shadowy and secretive Bilderberg Group will hold their annual meeting at The Grove country house hotel complex just outside watford, England in early June. As usual this gathering of the super - rich and super - powerful will be accompanied by levels of secrecy and security never seen elsewhere.

Washington Signals Fears Over Dollar
Over the past month there have been some bizarre movements in financial marketsthat can only be explained as a conspiracy to protect the US dollar from the inevitable consequences Federal Reserve’s policy of Quantitative Easing (QE) which has been going on since the financial crisis began in 2008.

Economic Insanity: We Spend $11 million to create each green job
Cast you mind back to the last round of elections where you live. Do you remember al those politicians promising to make the economy greener, to create...

Making Money Out Of Misery You may not have borrowed money yourself but you know how the business works, you take out a loan, say £$€1000 (pick your own currency) to buy a car, improve your home or for a host of reasons, and you agree to pay back over a fixed term the amount borrowed plus interest because the lender has costs and deserves a modest profit for accepting you as a risk. You might expect to pay back in total ...

News Of The G20's New world Order global Bank
If you are going to have a global government it stands to reason you have to have a global currency and a global central bank. How could such a thing ever be created given the world's political divisions you might well ask. We've got new for you folks, The Bank Of International Settlements already exists, it's offices are at basel in Switzerland.

Former Portugese Leaders Calls For A Debt Default
Mario Soares, the former Portugese first minister has sponen out against austerity measures imposed by the E U and called on Portugese politicians to opt for an Argentine style default.

Globalist Bankers Make Plans To Rob Your Bank Account
The so called bail in of banks in Cyprus has created a dangerous model for future ban solvency problems. We should all be concerned. Governments, international organisations like the IMF and 'too big to fail' banks think robbinmg depositors is a damn good idea for fixing problems caused by their incompetence. Plans are being made and laws passed to enable this legalised robbery to be extended around the world.,p> In 2008 Cyprus was a prosperous, happy, successful island nation. Then they joined the European Single Currency System and the Euro nazis forced them into debt slavery.
How it all went wrong for Cyprus after the 2008 banking crisis. Some people in Britain, our top national enemy Tony Blair for example, still think we should join the Euro. If you don't yet understand the EU was never about trade and always about the creation of a bureaucratic dictatorship single state this should convince you.

Are American Government Officials Planning Cyprus Style Savings Grab To Ease The DeficitThe E U's proposed levy on savings and deposits held in Cyprus banks to help pay for the €10billion bailout requested by the Cypriot government quite rightly went down like the proverbial lead balloon with Cypriot and foreign holders of bank deposits in ...

Radical American congressman attacks globalisation. Not sure the American maverick politician Bernie Saunders, who sits as an independent, knows what he is talking about. Left winger like him are usually full of praise for globalisation and all that New World Order crap. But globalisation means corporations being able to move money around the globe freely so what Bernie is complaining (absolutely correctly) about is the direct reult of the politically correct thinking he has always supported. Unfaurtunately the left have been duped by The Illuminati again.

Big Brother Is Coming To Obama's Surveillance State.
Barack Obama's administration in the USA are planning that during his second term in office a total surveillance and data logging system will be created that is so aggressive it will effectively turn the USA into a prison state.

China Moves To Replace U.S. dollar With Renminbi As Global Reserve Currency
The Daily Stirrer has warned it wasa coming, now it is here and the world is not ready to ride out the economic storm that will be caused by the collapse of the American economy as China replaces the US Dollar with the Renminbi as the global reserve currency.

Standard Chartered Bank and Obama's Racism
Standard Chartered may not be a household name in Britain, but in plenty of countries this bank is one of our best known national brands. Which makes its alleged behaviour over Iran even more troubling and inexplicable.

Give And Take: Guess who gives and who takes lf Sufficiency, the American dream, a return to the lifestyle of the pioneers. Take care of yourself, take care of your own, live on the bounty of nature. Even in Oregon the State is encroaching. Deal To Save The Euro Will Cause Bigger Crash Than 2008
As Europe Agrees To € 600 billion bail out a Bank of England official warns "Prepare for Lehmans re-run." Banks and traders must prepare for a devastating market seizure as governments grapple with the escalating economic crisis in Europe, Robert Jenkins, a member of the Bank of England Financial Policy Committee of the policymaker has warned.

The Extended Europe: A European Union - with Africa and Arabia in itHow far do you think Europe Stretches? From the British Isles to the Bosphorus? From Knivskjelodden (Norway) to Cadiz? Not according to the Globalist Nazis who run the EU. Under the cover of the Euro zone debt crisis they are advancing their plan to extend Europe beyond its geographical and cuiltural boundaries to take in Turkey and the Caucasus, Middle Eastern nations, and the nations of North Africa from Egypt to Morocco as one nation under a single government. Do you still think the E U is a god idea? ...
You've Got To Love The Craziness Of The Financial Crisis So Spain was bankrupt. Between a loonytoons green energy policy that paid wind turbine owners for the electricity not generated while the wind was not blowing and solar panel owners foreectricity not generated while the sun was not shining ...

The Second Wave Of The Debt Tsunami or The Coming Of The New World OrderAs the debt crisis stumbles on in Europe, the U S A and around the third world all politicians and governments can do is keep kicking the can further down the road. Nobody is prepared to admit that the economic model based on perpetual growth funded by personal debt and public spending has failed. So where do we go from here?
Driving Europe Towards Catastrophe
About six months ago a paphlet bearing the title Guilty Men was published. As well as predicting just where the European Single Currency system was heading it identified the financiers, politicians and propagandists who had advocated the creation of the European single currency 15 years ago, and exposed the dishonest or even brutal methods they used to bring about this giant step towards unting the diverse nations and cultures of the European continent under a single ...

Britain' Leaders Must Ignore The Messianic Promises Of This False Prophet Of Economic SalvationAccording to his fans Paul Krugman is the greatest economist of his generation. So why does he telln us he can solve the economic crisis when all he can offer is a return to the borrow and spend policies that created the mess in the first place.
Europe's Crisis Is Going To Get A Lot More InsaneHow would you go about solving your personal debt problem if your credit cards were maxed out, your overdraft wasd on it's limit and your income would not stretch to buying basics after all the interest on your morthgage and loans had been paid.? Go to a loan shark? Of course not, that should be a no brainer even for politcians and bureaucrats. But it is exactly where Europe is heading.

The Folly Of Trying To Inflate Away Debt
As the debt crisis grinds on and the creit crunch mutates into the credit famine the clueless politicians and even more clueless economists and academics who advise them can only think of one course of action. That is to inflate away their debt problem by devaluing currency to the extent at whic a bag of potatoes or wheat grain costs $£€ 1 trillion. Inflation is the cruellest tax, destroying the savings and pensions of sensible people and rewarding irresponsibility.

The Euro Crisis Gets Political Worrying news from Europe: The Dutch government has failed as the euro crisis continues to claim political victims [...] PM Mark Rutte's resignation was not widely predicted. After more than seven weeks of negotiations, the über-populist PVV party, led by Geert Wilders, withdrew its support for significant budget cuts, many of which were demanded by the EU, and for the minority government itself. Rutte seemingly saw no alternative to ...

Feeding The Monster
As Spain's economy nears collapse and economists call for Europe's taxpayers to stump up still more money for a bigger bailout fund to save bankrupt nations, The Daily Stirrer economic expert under his new nom de plume explains why efforts to save the Euro are throwing good money after bad.

UN Panel Says Redesign The World Economy For Sustainability
Politicians can phrase their press communiques in fine words and soaring rhetoric but in the end they cannot disguise the fact that their latest initiatives on saving civilizartion are just another thinly disguised move towards global government, a global economy and culture the suppression of the individual and a New World Order. Why hasn’t quantitative easing worked for the UK economy?
Ministers of the Coalition government have waxed lyrical about how the UK economy would avoid another recession and start to grow this year, or at least stagnate. But according to the Organisation for Economic Cooperation and Development (OECD) we are going to enter another recession on April’s Fool Day. The Daily Stirrer told you this was inevitable of course.How the government get it as wrong as their ...

Inflation Falls Again As Government Continue To Talk Bollocks
Inflation fell to a 15-month low of 3.4pc in February helping ease pressure on cash-strapped consumers and Chancellor George Osborne ahead of Wednesday's Budget. The consumer prices index (CPI) is down from 3.6pc in January as a drop in prices for housing, lower electricity and gas bills electricity, and cheaper air fare pushed overall inflation down, the Office for National Statistics said. However, the fall was not as much as expected - economist had forecast ...

More EU Rebels Follow Spain In Defying Burssels Diktat.
Over the course of innumerable crisis meetings European leaders have tried and failed to produce the right result for a glorious photon oppotunity: extravagant triple-kiss greetings, toothy grins, and wistful stares between Angela Merkel and Nicolas Sarkozy. Last Monday night in Brussels however the stage management went horribly wrong: Jean Claude Juncker, head of euro zone finance ministers group, was snapped strangling his Spanish counterpart.It was all a big joke of course...
After Last Week's Debt Fix Greece Is In Trouble Again Already The day after a fix was announched for the Greek economy that incouded private investors including pension funds, schemes for small investors and banks in which people's saving are held, writing off a huge slice of Greek debt, The Daily Stirrer told you the so called fix, hailed by politicians and bureaucrats alike as the final solution, was similar to sticking a band aid on a ...

TYCOONS, HOOKERS AND OUR COUNCIL FATCATS PARTY IN CANNES
A host of British low life level politicians, town hall fat cats and quangocrats recently four days wining and dining business tycoons and ladies of negotiable affection at the world’s biggest property fair in Cannes, Southern France. The Coalition government's Minister for Sport, Hugh Robertson was the most senior of ...

Federal Exchange Ignores The Goal Posts, Moves The Stadium.
The US central bank, the Federal Exchange, in calling for another round of stimulus is operating a policvy of devaluation by stealth. Meanwhile the international finance community and global government agenda people like the EU commission and the Bilderberg group, while supporting the Fed are moving on a more sinister agenda.

Debt - The Elephant In the G20 Room
Forget the trouble in Syria or the brewing global conflict, the real problem still, the one all globalist politicians and New World Order financiers are trying to gloss over is debt. And it is gretting worse. Like as frog on boiling water the population are being lulled into an illusion of security so we will all be complicit in our enslavement. It is time to wake up.

The Greek Bail Out Deal Humiliates Greece Without Solving Anything A "strictly confidential" 10-page debt sustainability report commissioned for yesterday's meeting of eurozone ministers has been leaked to the media. The document concludes that the austerity measures being foisted on Greece in order that the indebted country can receive a €130bn bailout, are quite likely to prove self-defeating, in that the austerity, by further weakening the economy are likely to cause the sovereign debt to ...

The Greek Mess, Germany and A Final Solution?

As European Leaders meet to discuss their latest wheeze to save the single European nation project by continuing to deny that the Greek economy is FUBAR, The Daily Stirrer again argues that the global economic crisis will not be resolved until politicians and economists understand the basic rules of finance like 'Don't spend money you haven't got.

Greece Burns As Parliament Chooses EU bailout over democracy. The Greek parliament yesterday approved a austerity bill to secure a second $130bn (£110bn) bailout and avoid a messy default despite almost universal hostility to the measures that will be required by the EU. After a day of rioting and street battles between police and protesters which left Athens in flames the bill was passed by 199 votes to 74. The news triggered some of ...

Bank Of England To Print Money To Avoid Recession
Monetary policy policy-makers at Bank of England have unveiled plans to inject an extrat £50bn of stimulus money into the economy in an attempt to avert a second recession. Before we go on to look at how much harm this wil;l do there are one or two things that must be understood. When we talk about printing money in a modern economy it is not simply a question of buying paper and printing ink and setting up the presses ...

Greek trump card fails as stronger Europe shrugs off break-up threat
The European Union's strongest economies and institutions for the first time gave a clue that they are willing to risk a Greek default and the departure from the European Monetary System (EMS aka The Euro) if Athens refuses to comply with austerity demands. The governments and central banks calculate that the eurozone is now ...
Can The Euro Survive If Greece Leaves The Single Currency System?
Away with banners and air horns and out with batons and knuckleduster in Athens this afternoon as a wave of public protests agiants the EU imposed austerity measures and the hijack of Greeek democracy by European bureaucrats swept the country.. Greek police have been trying to disperse protesters with tear gas, leading to a few violent clashes outside parliament. Police say up to 8,000 people ...

The Greek Bail Out Deal Humiliates Greece Without Solving Anything A "strictly confidential" 10-page debt sustainability report commissioned for yesterday's meeting of eurozone ministers has been leaked to the media. The document concludes that the austerity measures being foisted on Greece in order that the indebted country can receive a €130bn bailout, are quite likely to prove self-defeating, in that the austerity, by further weakening the economy are likely to cause the sovereign debt to ...

The Greek Mess, Germany and A Final Solution?

As European Leaders meet to discuss their latest wheeze to save the single European nation project by continuing to deny that the Greek economy is FUBAR, The Daily Stirrer again argues that the global economic crisis will not be resolved until politicians and economists understand the basic rules of finance like 'Don't spend money you haven't got.

Greece Burns As Parliament Chooses EU bailout over democracy. The Greek parliament yesterday approved a austerity bill to secure a second $130bn (£110bn) bailout and avoid a messy default despite almost universal hostility to the measures that will be required by the EU. After a day of rioting and street battles between police and protesters which left Athens in flames the bill was passed by 199 votes to 74. The news triggered some of ...

Bank Of England To Print Money To Avoid Recession
Monetary policy policy-makers at Bank of England have unveiled plans to inject an extrat £50bn of stimulus money into the economy in an attempt to avert a second recession. Before we go on to look at how much harm this wil;l do there are one or two things that must be understood. When we talk about printing money in a modern economy it is not simply a question of buying paper and printing ink and setting up the presses ...

While Socialist Occupy Protestors Call Punitive Tax On Weath, Socialist Tony Blair Pays 5% Tax

With Harriet Harman's Inequsalitries Bill having for the first time enshrined the superiority of minorities over the mainstream you might think at last there was some chance of making the elite live by the same rules as the rest of us. No chance as Tony Blair's use of offshotre tax havens and shell companies to blatantly doge tax shows.

Drop in UK inflation Is Not Good NewsThe Office for National Statistics has reported a sharp fall in the Consumer Prices Index - down from 4.8 per cent in November to 4.2 per cent last month - was the sharpest drop in the annual rate since December 2008 when the UK was in recession and VAT was reduced. Government ministers and propagandists will try to talk this up as a sing that the economy is starting to recover. We should be wary however, in the current economic circumstances a drop in inflation, especially one this rapid in what is traditionally the best month of the year for retailers, is not good news ...
Euro Zone Crisis: The Decline And Fall Of The Bureaucratic EmpireEuro zone leaders continue to insist the single currency must be saved even though any fool would recognise a dead parrot when they see one. So why are they prepared to sacrifice the furture for the single currency project. And was it ever really about money?
Economic Crisis catches up with China China's Credit Bubble Bursts - Just As The Daily Stirrer Predicted.
China's credit bubble has burst spectacularly, just asd The Dasily Stirrer predicted it would. In xxxxx we said hopes expressed by the Obama administration in the US and by the unelected bureaucrats who run the EU that the Chinese might step in to buy up Euro zone toxic debt were delusional because China's economic boom would turn to bust by the end of the year.

Cameron Looks Less Isolated As Euro Nations Unity Shatters

Over the past few days there has been much wailing and gnashing of teeth from control freaks of the progressive left about David Cameron's flat refusal to regulation of Britain's financial affairs by unelected bureaucrats from Brussels. Now other nations are backing off too.

Can The Euro Be SavedThe mainstream media have caught on at last. Here is what Daily Telegraph economics writer Damien Reece said today (three days after The Daily Stirrer said the same thing you might notice): The clock is ticking for the euro. After 11 years ...

We Might As Well Ask The CRU climate scientists to forcast the economic trends
As our finance expert John de Roe digests today's economic statement by Chancellor George Osborne we advise readers to ignore gloomy economic forecasts from supra national bodies with close political ties to the "New World Order". Both the OECD (Organisation for Economic Cooperation and Development) and the OBR (Office for Budget Responsibility) along with numerous other thinky tanky type thingies published their latest economic forecasts ahead of the Chancellors statement. These forecasts which are invariably gloomy and predict ...

Britain 'will join euro before long’, says German finance ministerWolfgang Schauble, German finance minisdter has been saying Britain will have to join the doomed single currency system, the Euro, sooner that people imagine. See below exactly what the one world supernation are up to. Also: [">Daily Stirrer, Nov 2011] ... [Debt Crisis ]

Ancient National Cultures To Be Crushed Under The Wheel Of Global Naziism.
Europe's Ancient National Cultures are at risk of being crushed under the wheels of the European superstate juggernaut as the unelected bureaucrats of Brussels use the Euro zpone debt crisis to push their beloved integration project ...

Germany's Plan For The Euro? Forward To The Past.
Defeat for France, Spain, Italy, and the Greco-Latin sphere and another step towards the establishment of a single German superstate stretching from Cape St. Vincent to the Caucasus. The initial impression from the leaked draft of an EU summit agreement is that the latest, largely German plan for saving the European Single Currency System is aimed at tightening Germany's economic ...

The Global Economy Is Running Out Of Time
Inflation is the cruellest tax of all, taxing as it does in effect the savings and pensions of hard working people by reducing the value of currency to inflate away the debts run up by incompetent politicians and profligate public servants.

Are We Sacrificing The Future To Save The Euro Is it really worth sacrificing the euro to save the future as our leaders seem to believe. Or is there another agenda in which us ordinary punters were never going to have a future anyway?

Old Wounds Fester As Cameron Warns Of New Crisis
The world teeters on the brink of a the economic abyss as a new crisis gathers strength like a hurricane depression formong over the mid Atlantic. The crisis, if it tuirns into an economic hurricane, to sustain the metaphor, would leave countries like Britain staring into the void, David Cameron has warned. The Prime Minister said that the failure of leaders in the US and Europe to ...

EU Leader Gives Germany An Ultimaturm: Act Now To Save The Euro
The president of the European Commission and leading proponent of a single global government, Jose Manuel Barroso, issued a stark warning to Germany yesterday that eurobonds could be the price of preventing a break-up of the single currency. Addressing the European Parliament, Mr Barroso said the Commission will "soon present options" for the introduction of a common European debt union ...

Germany Rebels German taxpayers have rebelled against bail outs for basket case nations. Will Frau Merkel dump the Euro or will her government coalition fall? "

US Debt Downgraded
News that ratings agency Standard and Poors had downgraded America's credit rating because of presistent budget and sovereign debt promlems came as a shock to finance markets but not to the wise old heads of The Daily Stirrer.

The Curse Has Come Upon Me Cried The Lady Of Threadneedle Street Has the Lady Of Threadneedle Street cried 'The Curse Is Come Upon Me?'Economic news suggests the debt crisis in the western nations means the economy of the developed world is FUBAR.

">World Bank Chief Warns Golbal Economy Is Entering A New Danger Zone World Bank chief Robert Zoellick on Saturday warned of a "new and more dangerous" time in the global economy, as Europe (Chicago Options: ^REURTRUSD - news) struggles to resolve its debt crisis.
Zoellick said the eurozone's sovereign debt issues were more troubling than ...

Eurogeddon Postponed Termporarily Due To Financal Conjuring Tricks
The Daily Stirrer brings you opinion and comment on issues in the news that are likely to affect the lives of ordinary people. We therefore focus on economic matters, prices and inflation, jobs and unemployment, health, diet, education and social comment. Our contributors are old gits who are prepared to say what everybody is thinking.
Below our finance expert John de Roe analyses the latest bureaucratic scam that claims to have saved the European single currency but in reality is only another attempt to scam German taxpayers.


Obama Threatens US Debt Default If Government Not Allowed To Borrow Money To Pay Debt Interest

You just have to look on slack jawed that the antics of Barack Obama, putative President of the United States of America, one known as the most powerful nation on earth but now due to several decades of politically correct thinking in high places and just two years of this half - educated clown at the helm a laughing stock internationally and the despair of ...

Smoke and Mirrors Blur Inflation Statistics
Leading economist Simon Ward has accused The Bank of England of using "smoke and mirrors" to present official forecasts for inflation. With the annual rate of price rises currently double the official target at 4pc and showing signs it will keep rising, the Bank's central projection that the rate should return to 2pc next year is looking like pure fantasy. Mr. Ward, chief economist of global investment fund Henderson's, thinks the Bank is ...

Central Banks Print Money But Fail To End Crisis
The world's central banks have pumped £3 trillion into the global economy since the beginning of the financial crisis in 2008. This represents the equivalent of 8pc of the world economy, according to an analysis by Fathom Consulting. The figures will intensify fears that the extra cash flooding the system is ...

New Economic Headache For Obama
The scale of the slowdown in US growth this year will be underlined by new figures to be released this week. The statistics will raise more questions about whether the world's biggest economy can regain momentum. High growth rates in recent quarters have been due solely to the Obama administration's loonytoons economic policy of printing money to try and ...

Britain On Edge Of A Double Dip Recession?
The eagerly awaited figures for GDP growth in the first three months of the year were published yesterday. The disappointing news was that the UK economy grew only 0.5pc in the first quarter of 2011, the Office for National Statistics (ONS) revealed. This rate of expansion in economic activity does no more than offset the 0.5pc contraction in the final quarter of 2010. “Excluding the impact of the snow in December, the preliminary GDP figures suggest that the economy has ...

IMF Warns Obama - Cut Deficit Or Else As Bond Traders Short American Bonds
The International Monetary Fund has warned barack Hussein Obama's administration of incompetents the US should quickly start to make a 'down payment' on tackling its budget deficit, as it emerged that the world's biggest bond investor is shorting the country's bonds.

Investment Banks To Be Split From Retail Banks To Protect Savers
A new review of the Banking industry carried out for the government has recommended British banks should have to have to separate their retail (current account) deposit and savings and investment banking arms to ensure that ordinary savers money is not put at risk as it was before the 2008 'toxic debt' crisis plunged the leading ...

Inflation The Big Threat To Recovery Today's report highlights the concerns of business leaders who, while supporting the coalition goverment's austerity measures aimed at controlling the rinaway public sector deficit are worried that inflation and the crisis in the euro zone may still derail the economy.

Factory Gate Inflation Hits Two Year High
The so called 'factory gate index', the price of goods leaing British factories hit its highest rate in more than two years in March, official figures showed, raising fears about inflationary pressures feeding through into the general economy. Factory gate prices – what manufacturers charge for their products – rose 5.4pc over the year, the ...

Obama Administration Paralyzed By Budget Deadlock
Failure to agree a budget for the coming year with the Republican controlled House of Representatives plunged American President Barack Obama's administration into crisis last night. With only hours to go before the deadline at which funding to US Government operations will be cut off the gap between team Obama and ...

Portugal Pays More For Credit
The credit reating of the Portugese government was lowered by Moody's rating agency yesterday ahead of a bond auction in Lisbon.
Debt due for redemption in June 2012 was issued at an average yield of 5.9%, compared with 4.3% at a sale of twelve month bonds on March 16.

It's The Sovereignty, Stupid.
The Daily Stirrer brings you opinion and comment on issues in the news that are likely to affect the lives of ordinary people. TODAY: President Bill Clinton swung the 1992 presidential election campaign in his favour when his chief political strategist, James Carville, hung a sign in the Clinton campaign HQ that read, “ It's The Economy Stupid”. Yesterday as the German economy boomed voters sent Angela Merkel a different message.

Eurozone Small Nations Sovereignty Threatened By Debt
Eurozone debtor nations face sovereignty issues caused by the bail out as the Euro fails.

Shock inflation numbers ahead of UK Budget
TODAY: John de Roe analyses the likely consequences of rising inflation announced today and the budget measures introduceb by Chancellor George Osborne on the financial prospects of individuals, families and retired people.

EU Bond Crisis Worsens
Portugal edged closer to financial disaster yesterday, as a downgrade of the nation's credit rating resulted in the central bank having to pay almost 6pc to raise two-year debt. The yield on 10-year bonds briefly surged to 7.8pc as Chinese ratings agency Dagong downgraded the country's debt rating to BBB+.

European Leaders Agree Deal On Eurozone Bail Out Fund
TODAY: European leaders managed to reach an agreement on how to tackle the debt crisis afflicting the nations using the single currency, in the early hours of this morning. The deal was only concluded after significant concessions from Germany.

Big Inflation Rise Precedes Budget
True awareness of how bad inflation has become was always going to be the February figure. In January, the effect of the VAT hike would have been obfuscated by the post Christmas sales. Taking that into account however the latest data, with consumer Price Index (CPI) inflation at 4.4pc and Retail Price Index (RPI) which is more reflective of the week by week cost of living, at 5.5pc, is far worse than anticipated ...

Libya and Bahrain Crisis Threatens Weestern Economies Oil prices rose sharply on when msarkets in the west opened on Monday morning. Air strikes on Colonel Gaddafi's military sites in Libya and news of increasing unrest from Bahrain and Saudi Arabia have increased fears of a supply disruption ...

Euro Uber Alles
Today we report The Iron Chancellor of Germany made it quite clear. “Whoever wants credit must fulfill our conditions“.
These conditions are capitulation by three vulnerable states on core policies, and partial loss of sovereignty for the rest of the eurozone. The move represents a giant leap towards the establishment of a federal Europe or the dreaded single nation solution.

Euro Crisis Deepens As Spain Debt Downgraded
Just a day after we reported a lowering of Portugal's credit rating and on the eve of a crucial summit of European Monetary Union (EMU) leaders to negotiate a "grand deal" intended to formulate an acceptable solution for the Eurozone sovereign debt crisis and end speculation that the ...

EU Bond Crisis Worsens

Political paralysis in Brussels and monetary tightening by the European Central Bank has set off a fresh spasm of the eurozone bond crisis, pushing spreads on Portuguese, Irish and Greek bonds to post-EMU records.

Petrol Hits £6 a Gallon At The Pump by Profanicus Maximus

The price of petrol at the pump has hit £6 a gallon for the first time, as unrest in North Africa and the Middle East sends up the price of driving in Britain.
Welcome To New World Order
Is there really a shady group of super rich individuals, George Soros, Bill Gates, Warren Buffet, Mauruice Strong and others less well known but just as powerful who are collaborating to overthrow the free nations and establish a global oligarchy, Novus Ordo Seclorum, the New World Order,. You have heard all the conspiracy theorie, now see the evidence.

Millions Not Saving
by Ian R Thorpe.

Four out of ten people in the age range from 45 to 54 have found themselves unable to save any money in a retirement fund because of the twin financial burdens of aged and infirm parents and young adult 'boomerang' children.

Young Hope For Housing Crash
The burden of student debts imposed on young people by a misguided education policy that has left the nation with a surfeit of media studies graduates and a shortage of practical skills is also having dire social consequences in other ways.

Financial Madness
Was the credit crunch as the media called it really caused by the geed and incometence of the banks and the inabiliy of us ordinary punters to manage our affairs. Or was it all due to the financial madness of politicians who engineered a a system that depended on infinite growh in a world of finite resources.

Shock, Horror! Coalition Spending Cuts Cuts Will Mean 50,000. NHS Job Losses
Predictably the left are screaming about the claimed 50,000 jobs that will have have to be axed by NHS trusts across the nation to meed government budget reduction targets. What NHS managers are doing however is following in the footsteps of Labour controlled councils and rather than losing the candy - floss jobs created by empire building bureaucrats are slashing front line services to punish users of the service for ...
Interest Rates Must Start To Rise Very Soon
The Daily Stirrer has warned you to brace yourselves for rises in interest rates. As it is the Bank of England has kept rates at an insanely low level for far too long in the face of evidence that their policy had completely failed to achieve its stated aim and boost the economy.

Now with the economy stagnant, the jobless figures flatlining but likely to increase as public sector jobs are shed and inflation

Sarko Calls For Action Against Inflation
As leaders meet for another pointless, obscenely expensive jolly high level meeting of world political leaders and heads of government finance, French President Little Nico Sarkozy warned delegates inflation poses a "great threat" to global growth, risking dangerous unrest if food prices soar out of people's reach, Nicolas Sarkozy, the French president, warned the Getting Naked In The Financial Markets
If you've heard of hedge funds and toxic debt you might well think these are the most evil manifestations of the financial markets that plunged our economy into the abyss. Unfortunately there are far more fearsome demons, arbitrage, short selling and naked short selling. Anyine wanting to know how insane pertsonal gred has made the people who are supposed to prudently invest our savings and pension fund money in currency, bond, commodities, stocks or any other financial market this is a must read.

George Osborne's Levy On Bank Profits Slammed by Ed Balls
Coalition Chancellor George Osborne was accused of "moving the tax goalposts" by banks and of introducing a "damp squib" by Labour after increasing a levy on bank profits to raise £2.5bn this year...

The Debt Threat To Our Way Of Life
Japan's Triple A credit rating has just been downgraded, that of the USA is looking a long way short of secure.What is going on in the world of finance when economic powerhouses like these are in trouble? Is the continuing financial criis and the threatened meltdown in the bond market just a knock on effect from 2008's problems or is something bigger going on?

Coalition Government Urged To Make PFI Profiteers To Repay Funds
Francis Maude, the Cabinet Office minister, claimed that many PFI deals were "ghastly" and imposed an unfair "penalty" on schools, hospitals and other public services. It is understood that Cabinet Office and Treasury officials are examining PFI contracts worth billions of pounds, looking for ways to claw back money for taxpayers. Signalling an end to the era of PFI, Mr Maude said the Coalition's plans for a ...

Inflation Tax
Inflation is the cruellest tax, it hits the cautious, prudent and hard working, rewards the feckless, reckless and downright foolish. We have a bout of inflation under way, engineered by governments to reduce their unsdustainable levels of debt incurred in the business of buying otes to stay in power. What will be its effect on ordinary people?

Gambling In The Euro Casino At Vegas on the Med
The Daily Stirer has warned of the collapse of the Eurozone and the death of the single currency before. It was not a hard call to make, tying traditionally weak economies to a strong one like Germany's and thus blocking off the traditional route to eliminating debt in the weak nations, devaluation and inflation, was bound to wreak havoc with the economic basket cases of Southern Europe. The single currency has only survived so long because Germany has been willing to prop it up.

Financial Alchemy
For three decades it was alchemy. Banks and corporations pullede off the equivalent of turning lead to gold by turning liabilities to assets and then using those very dodgy assets to secure loans. It could not last of course, sooner or later someone was bound to work out how the illusion of turning debt to wealth was performed. Find out how here...

UK Economy Slipping Back Into Recession? Gross domestic product fell 0.5pc in the fourth quarter, the most in more than a year, the Office for National Statistics reported on Tuesday. The decline compared with growth of 0.7pc in the third quarter.George Osborne insisted that the Government will press ahead with planned cuts to public spending, despite warnings from forecasters that the economy may be too weak to withstand the package. Blaming the growth figures on the cold weather, Mr Osborne maintained that a weakening in efforts to tackle ...

By 2015 Credit Cards Will Cost Families £1800 a year. Last week The Daily Stirrer warned that rising inflation meant interest rates would have to rise sharply very soon. Today as we learned that by the so called factory gate price measure infkation has gove over 4% the economic pundis of mainstream media are as usual playing catch up.

America's Debt Crisis Traps Less Well Off In Depression Conditions
News this weekend has been dominated by the assassination attempt on a Democratic Congresswoman and her companions in Tuscon, Arizona. As the story is everywhere there is little point The Daily Stirrer commenting other than to offer our condolences to those injured and the families of people who died in the attack. What this incident has done however is to focus the attention of the outside world on some very worrying social trends in the world's most powerful nation, namely the polarisation on political, racial and regional lines and the seething anger at most levels of ...

Interest Rates To Rise Sixfold
Once again The Daily Stirrer says, "We told you so.

Death Of The Eurozone.
When the first treaty aimed at establishing the European Union was drafted by the bureaucrat Jean Monnet it stated clearly the aim should be to create a single European state with a single currency (the Euro) and eventually a single government. That part of the reaty was rejected by all European states and an economic community based on free trade and fee movenent of goods and labour formed. But the Eurocrats of Brussels did not give up their dream ...

Rogernomics.
It was the belief of economists (practicioners of the dismal science) in their own infallibility and the power of their mathematical models to override nature that got the world into its currect economic mess. Rogernomics is the science of blaming the previous government when the predictions of the mathematical models go horribly wrong.

Batteries Not Included
"Batteries not inclded" The dreaded words on the boxes of toys bought for Christmas presents. At first sight of those words Dad knew that stuffed with turkey, roasties and duff he was in for a trek round the destered streets on Chistmas day to find an open all hours. Now as governments and sciencyheads and green, three hugging weirdie - beardies whose love of science and the environment is more to do with religious zeal than reason and logic we are starting to the that the words "batteries not included will be even mkore terrifying when see in the small priint of the contract we have just signed for a new electric car.

Obama Deficit Reduction by John De Roe.
We hear that America's AAA credit rating is likely to be downgraded because the Obama administration has embarked on a course of increasing its public sector deficit and national debt rather than taking steps to reduce its debt burden. Bit at least some member of the Obama administration seem to have got the message that debt reduction is more important than Obie's beloved vanity projects.

Eurozone Unravels In Debt Crisis The rebellion against the 1930s fiscal and monetary policies of the Euro-complex is gathering pace.
Il Sole has published a letter by 100 Italian economists warning that the austerity strategy imposed by Brussels/Frankfurt risks tipping Europe into a self-feeding downward spiral. Far from holding the eurozone together, it will cause weaker countries to be catapulted out of EMU

Papering Over The G20 Cracks Will Not Avert A Currency War.
The G20 leaders can pass all the resolutions they like and issue joint statements ''til the cows come home, the fact is we have a currency war and until the United States, owner of the world's reserve currency, the US Dollar stops trying to reduce its debt by devaluing the currency the world trades in and starts to work on getting its deficit under ...

Obama Takes A Swipe At China
US president Barack Obama took a swipe at China's currency policy after G20 leaders failed to resolve tensions running high over global trade imbalances.

The summit in South Korea ended as it began, the row over gaps and surpluses which sees China accused of keeping the yuan artificially low to boost its exports at the expense of American and European jobs dominated discussions .

Chinese Credit Agency Downgrades U.S. Bonds
by John de Roe

One of China’s leading credit rating agencies has downgraded United States of America government debt in response to what it sees as deliberate devaluation of the dollar by quantitative easing and other means. If China, now the second biggest economy in the world, stops buying US government bonds this could have a very negative effect on…

Benefits Review One of the proposals put forward by the coalition for reducing the public sector deficit is reform of the benefit system. Predicatably tis sent the hand-wringers, bleeding hearts and human rights screamers of the 'progressive left' into paroxysms of hysteria. People would be starving the the streets, they wailed, malnourished children would queue for a handful of rice. They wished. Actually the coalitions proposals look quite reasonable.

Businessmen Brick Up His Bank's Doorway In ProtestThe stupidly expensive bail out of banks by Gordon Brown's government was supposed to enable the bankers to kick start the economy by giving them the liquidity and freedom from their toxic debt trading misadventures neded to enable lending to small businesses to re-commence. The economy remains stagnant however because the bankers simply trousered all the bail out cash or used it to

Amazon Takes On Sainsburys We are not against progress at this publication nor are we against technology. There has to come a point however where, when presented with some new development and told it will make life better in many ways for us all, we take the advice of Marcus Tullius Cicero and ask "Cui Bono?" Who benefits? One such case is exemplified by the expansion of Amazon into the groceries business.

The Arrogance Of Ecomonists And The Stupidity Of Politicians
Don't you just love the arrogance of economists and their detatchment from anything remotely resembling reality. They're all scum sucking crackfarts, they really are. Little Nicky Machiavelli has said this many times and here's a mainstream journalist taking up the theme in response to an economics academic who says that anyone who does not have a PhD in economics should not be allowed to express an opinion on the subject as only...

Defending Keynes
The name of a great Englishman, John Maynard Keyes, is being trashed by that jug eared steak of piss and racist hater of all things British Barack Obama in attempts to give the failing Obama administration's loonytoons economics a veneer of sanity. Keynes recommended governments should use publc spending to sustain their economy during periods of recession. He did not say, as Obama's supporters claim he did, that nations already way past the point of bankruptcy should continue with reckless poublic spending projects.
United In Austerity
Vince Cable on the budget and why the cuts and tax rises were necessary. A quiet but devastating denunciation of Labour's lie that they left the economy in good shape.

The Necessity Of Curbing State SpendingThe left, already laughable styling themselves "the opposition" even as Labour splits into tiny factions including the "old left" the traditional party of the working class, the people with traditional Labour values who recognise there are no magical solution, the "progressive left", the kind of people my colleague Ian Thorpe refers to as The Politically Correct Thought Police, who are currently working themselves into a frenzy about

When The Cutting Begins
As the coalition settles into its new job and the words of former chief treasury secretary Liam Byrne, 'There is no money left' reverbrate how will the new team set about reducing the deficit and mountian of debt, creating jobs and sorting out the financial mess left by Labour?

Rebellion Of The DHWFs
by Wat Tyler (Burning Our Money) - recommended by John De Roe

Wat Tyler at Burning Our Money blog has been giving it rice with his calculator and worked out how much it is going to cost the ConDem-ned coalition to clear up Labour's economic mess. And he reckons the burden will be too much to bear for the DHWFs (Decent Hard Working Families) who pay the bulk of direct and indirect taxes. Wat predicts a middle class tax rebellion. But then Wat has a track record for that kind of...read Wat Tyler

The Fiscal Nightmare
Political conservatives and libertarians in the USA are aware of the problem but here in the UK with less than three weeks to go until the General Election that will decide who governs the country for the next four or five years only the Liberal Democrats and representatives of...

No Real Jobs In The New Economy
Gordon Brown's Labour government and the failing Obama administration in the USA, feeling power slipping through their fingers, are trying to lull people into a false sense of security with claims the 'green' and the 'digital' economies will restore prosperity. This as a blatant lie, nobody needs a PhD in economics or Social Science to understand that the "new economy" of green businesses and digital commerce will destroy not create real jobs...

The Real Unemployment Figure
New unemployment figures released yesterday show unemployment fell by 0.1% in the three months December to FebruarY. Contained in the figures was a statistic that undermines government talk of an economic upturn. This is the number of people in work. Headline unemployment has fallen the number of people in work has also fallen. What's going on?

Bond Villain Targets Britain's Future by John De Roe.
Bill Gross, the world's biggest bond investor might have voted for Obama hnd has some sympathy for Labour because they talk of creating jobs, but he thinks the British economy is in worse shape than anyone is going to admit and is quite willing to take advantage of our vulnerability." The Jobless Economy
by John De Roe
13 January 2010

Politicians, economists and others with an interest in talking up the economy to get us all spending and taking on debt and mortgage loans again may rave about recovery. With our industrial base so depleted where will the jobs come from that we need to lead a recovery?" They may call it fiscal prudence, we call it loonytoons economics...

Interesting Times - Which Way Will The Global Economic Crisis Go In 2010?
Which way will the economic crisis go in 2010? Cracks are apearing in the Europen Single Currency scheme and China which has massive holdings of US treasury bonds is making unhappy noises about the dececits being run up by the Obama administration as they pursue loonytoons economic policies...

Copenhagen Climate Change Lies
Ian R Thorpe
18 Dec 2009

The Copenhagen summit conference on climate change was never about climate change. It was about money, power, control and the need to divert attention from the failure of globalization. Pity the science used to back up the case for action was so easily exposed as fraudulent.

Chancellor Darling's PBR Cancels Christmas And The Future
by Ian R. Thorpe : 16 October 2009


Both the USA and Britain are in a debt crisis that dwarfs the catastrophe of climate change. Other developed nations are crippled by debt and their Public Sector Borrowing Requirement but not completely hamstrung yet. Read how government borrowing by means of selling bonds to finance out of control public spendingis dragging us into the abyss.

The Dollar Is Sinking - Man The Lifeboats
by Ed Butt: 25 October 2009
As The Daily Stirrer predicted recently the position of the $US is under attack. Last week a sustained slide in the value of the currency was halted by the smaller Pacific Tiger economies, Singapore, Malaysia, Hong Kong buying up Dollars that were flooding the markets. So whay is going on and how will it end?

The Economy Of The Living Dead
by Ian R. Thorpe:
Though governments talk about recovery we are stuck in the economy of the livind dead, the global financial system as become a zombie. Is there any way out?

Have We Forgotten How To Be?

People in the developed nations have never been materially so well off, so healthy or so secure. And yet it is likely that in a time of peace at home people have never been so unhappy. Where did it all go wrong? The pages in this menu are aimed at helping people remember how to just be, how to step outside the conflict and constant endeavour and enjoy the pleasure of being alive.

Feeling Let Down By Hope

Barack Obama won a Nobel Peace Prize for promising the wold hope even though he shows no sign of delivering. Let down by hope? Why not embrace nihilistic despair? Or alternatively take responsibility for your own life and spit in the face of adversity. Live like a wimp or die like a warrior, the choice is yours.

Magic Money, The Free Market Illusion

Not so long ago politicians and bankers were full of confidence bordering on hubris and they were telling us the good times could go on for ever. So where did it all go wrong. The finance industry blame politicians, politicians blame the finance industry and they all blame us as they try to dream up schemes that will enable the world to carry on prining worthless money and lending it to each other...

The Luddites Club

The word Luddite has many negative connotations but the first Luddites were only trying to preserve theor livelehood and the wellbeing of their families against innovation they claimed, rightly as it turned out, would impoverish them, deskill their trade and destroy the communities thay lived in. Perhaps we need some Luddites to make a stand against the tsunami of unneccessary change that has left some politicians describing they ways we live as "a broken society."

The Apprentice Prime Minister
News that Prime Minister Gordon Brown has appointed Sir Alan Sugar, anchorman of reality television show The Apprentice to his cabinet team as Labour's small business tsar makes us wondr just what king of showbiz government is Brown running Or is the decision perhaps based on the knowledge that Labour will be seking to appoint a new leader very soon. As the party's internal elections process failed so disastrously last time perhaps Surgar will lead a new selection method.

QE Quantitative Easing,
...it's the new financial crisis television panel gamehisted by Stephen Fry. A bit like QI but funnier.

Bilderberg Bastards
One of the most important meeings in the world, The Bilderberg Group, took place over 6 days up to the 18 May. This group comprised of the world's leading politiciand businessmen and financiers meets annually but little is known and even less reported of what goes on. Why is that do you think? And why is the meeting's venue surrounded by a level of security that makes the inauguration of a United States President look like a church coffee morning? The lack of openness, the paranoid suppression of news reporting and the heavy handed treatment of the fewjournalist who have got past the security suggest if we knew more about bilderberg we would not like it. We must find out more.

The Tyranny Of Bricks And Mortar
The word freedom is bandied about recklessly. Have human beings ever truly been free? Even now self hating white middle class guilt trippers blether about the evils of slavery as though the slave trade was an invention of Europeans in the 17th century when in fact it had been around since the beginnings of civilisation. But despite all the posturing and finger pointing are millions of peoplenot living as slaves to their mortgages, unable to get out of bad situations because it may mean losing their home and evrything?

How Saddam May Yet Win The War
Based on an article written in 2005 this reflection of the economic and political effect of the Iraq war on the American and European economies poses some distrurbing questions and a warning against complacency to those who believe the west will quickly pull out of 2008's economic meltdown simply by restarting the cycle of borrowing and consuming that created the economic crisis. From the moment the invading troops poured into Iraq the world could never be the same.

Darling's PBR Disaster
The Chancellor's Pre Budget Report is being haled by Labour supporters in the media as a triumph of economic thinking that will save the nation. But all Alistair Darling has achieved is to mask how a bad a state our economy is truly in. Has the Labour party succumbed to Obama syndrome, a delusional beflief that the world runs on monpoly money and natioal leaders can just print as much as they need.

Need A Crisis
Need a crisis to divert attention from the real catastrophe that has been created by the incompetence of politicians, the academics and "experts" who advise them and the businessmen who between them manage the affairs of nations? Just invent a global warming crisis. We are not saying global warming is not happening only that it is too late to reverse it and spending £$£$ zillions trying to is futile.

Systemic Dishonesty
Whichever way you look at it the politicians of all sides have been lying to us for years

Privatise Profit - Nationalise Losses
Governments and politicians of all shades like to talk of gbeing fair, equal opportunities for all, an aspirational society with upward social mobility. How does that equate though to the fact that for many years taxpayers will be paying interest on money borrowed from China and India in order to bail out our failed banks and financial insitutions. Being unfair to the rest of us so they can be fair to the bankers who got right by stealing from ordinary people does not equate to equal opportunity in our view


FRAGMENTS:
(Shorter Posts From Our Blogs) PIIGS Might Crash And Burn
The Next Financial Crisis
Printing Money - Finance Nightmare
Darling PBR Makes Taxpayers Bail Out Labour
The pre budget report (PBR) delivered by Chancellor of the Exchequer Alistar Darling yesterday was the nearest any Labour politician has yet come or is likely to come to admitting how comprehensively the party has screwed the economy during their twelve years in power. Even so, Darling could not break with the kind of deluional thinking on the economy that typifies


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How Printing Money Causes InflationEconomic Help: If the government has a national debt, why doesn’t it just print more money and pay it off? The problem is that printing money would cause inflation and effectively reduce the value of money. If you print more money the number of goods and services stay the same, you just have more money. Therefore people will be willing to spend more cash for the same ...

Economic Doom: Sovereign Debt Leads To Inflation“The bond vigilantes are walking out on Greece, Spain, Portugal, the U.K. and Iceland,” “Unfortunately in the U.S., the bond-market vigilantes are not walking out.” Roubini said during a panel discussion on financial markets at the Milken Institute Global Conference in Beverly Hills, California. “The thing I worry about is the buildup of sovereign debt,” said Nouriel Roubini, a former adviser to the U.S. Treasury and IMF consultant who in August 2006 predicted a “painful” ...

Debt Deflation Blog Mashes The World Economic ForumWorld Economic Forum Endorses Fraud; Steve Keen Mocks the WEF Report, So Do I; The Purported “Need to Double Credit in 10 Years” Mish attacks the report on many fronts, but the one that I’ll highlight here is the following: its statement that: “This means that the world’s stock of credit outpaced GDP growth by less than 2 percentage points a year – not a wide margin. In theory, there is nothing unsustainable about this picture: as long as credit grows broadly in line with economic growth, the credit is put to ...

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