Revolution or Evolution?
Clive Menzies, who’s been involved in the investment management industry for over 30 years, argues that monetary reform is inevitable if we want to survive. The Corporation of London may be quaffing champagne having evicted OccupyLSX, [...]
Scare Stories: Scarce Stories – the Ideology of Austerity
We live in an age of austerity. No, that is wrong. We are continually told that we need to live in an age of austerity. Better. The difference between these two statements is crucial. The first message is the one that is repeated so often that [...]
Contagion? Armageddon? Why?
Asks Dr Michael Reiss of fullreservebanking.com and author of ‘What Went Wrong With Economics’. Why are politicians so frightened to let any major banks go under? Is there a difference between a bank failure and the failure of any other [...]
The OT’s Guide To Credit Default Swaps (Part Deux)
Time again to strap on your armbands, kick off your flip flops, and go for swim in the dark waters of the derivatives market. Careful not to swallow anything – this water is toxic. Last edition, you’ll remember (how could you forget?) [...]
The Real Jubilee: A Movement For Financial Justice
This year the Queen is celebrating her 60th ‘jubilee’ but the original meaning of jubilee had a lot more to do with righting injustice than an extra bank holiday and Brian May on the roof of Buckingham Palace, says Tim Jones of www.jubileedebtcampaign.org.uk The [...]
Move Your Money!
This month saw the launch of Move Your Money UK, a national grassroots campaign to spread the message that we, as individuals, can help to build a better banking system through our buying power. The campaign follows a highly successful movement [...]
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