Category Archives: Economics

Michael O’Leary buys a Guinness

Michael: How much is a pint of Guinness?Bartender:  A euroMichael: That must be the cheapest in Dublin.Bartender:  It is. But we charge €4 an hour for a chair if you’re drinking in the pubMichael: That good business practice. I’ll be … Continue reading →

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Mahatma Ghandi on economic murder

“You don’t need a gun to murder someone. Just price them out of medicine, feed them trash, and let stress eat their heart out by forty-five. Poverty is slow-motion execution”

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John Steinbeck on American Socialism

“Socialism never took root in America because the poor see themselves not as an exploited proletariat but as temporarily embarrassed millionaires.”

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If you ever feel useless….

“…..remember it took 20 years, trillions of dollars and 4 US Presidents to replace the Taliban with the Taliban.” Norman Finkelstein on Afghanistan

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The USA’s $40tr debt burden

President Xi insulted Trump last week and he wasn’t only thinking of Iran. He was also thinking of the USA’s $40tr debt burden. This debt is negatively viewed by the world’s bankers. They have increased interest rates on USA debt … Continue reading →

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China and Cuba

The October 2025 UN meeting condemned the USA’s blockade of Cuba. 167 countries voted for the proposition including the UK. Trump’s reaction was to boost the blockade in January. The Chinese broke the blockade in May 2026. There were no … Continue reading →

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The USA has lost the Iran War

By denying the Saudi government vital help in their war against the Yemeni Houthi the USA has admitted defeat. There was no fanfare but that’s what it amounts to. Abandoning the Saudi at this moment sends a catastrophic signal to … Continue reading →

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Getting value for money from the defence budget

The £300bn the government will spend between now and 2030 will largely be wasted because warfare has changed. Using the two current wars as a blueprint the suggestion is that the defence budget (in part) be used to pivot Britain … Continue reading →

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Why the defence budget is squandered

The defence budget is going to explode in the next three years. £300bn will be spent by three ministers none of whom are military men. They will be advised by the Chiefs of the Defence Staff. They are all career … Continue reading →

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Black Lives Matter: Schools in 1940s south Carolina

The local white schools had brick buildings, running water, flushing toilets, and strict bus routes. The schools for Black children were wooden cabins without electricity or indoor plumbing. Heat came from a single wood stove. Books were hand-me-downs from the … Continue reading →

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