Mar 10

You don’t have to be an economist, indeed it helps not to be, to know the prevailing world economics make no sense.

Debt is up. Stocks are up. House prices in Capitals up. Taxes Up. Energy prices up. Rents up. Real inflation up. Greenhouse gases up. Pollution up.

Incomes are down and falling rapidly against the true inflation.

These are all obvious conclusions of raising asset prices by QE and supplying cheap credit.

You don’t have to be a Marxist to know Capitalism cannot work like this.  Continue reading »

written by reaction \\ tags: , , , ,