The Trojan Horse in the Greek case

Only now do Euroland’s unelected masters seem to have woken up to the gaping weaknesses of the Greek case. Asking for a cut in pensions is ludicrous having regard to the already low level of Greek pension.  A cut in the number of pensioners, spread over a few years, is however is absolutely necessary if […]

The End of the European Dream (1)

Europe’s leaders, elected and unelected, believe that if austerity is imposed on a country to such an extent that its economy collapses by 25% in 3 years, then that will increase the country’s chances of repaying its debts. Outside Europe there is not an economist in the world who believes such crass nonsense. Greece has […]

Election 2015 – How it looks from a far country

Sterling leapt by 2.88 cents  in one mighty overnight bound as the UK’s sensible electorate undid all the damage which the rudderless English parties had been causing over the past few weeks. Cameron lacks leadership qualities, has a weak chin and the voters appear to have decided yet again, quite rightly that he can not […]