Monthly Archives: August 2015

to paraphrase Alexander Solzhenitsyn, the “permanent lie [has become] the only safe form of existence”

Financial institutions and activity dominate many economies. The official policy is “extend and pretend”, whereby everybody conspires to ignore the underlying problem, cover it up, or devise deferral strategies to kick the can down the road. Advertisements

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Posted in political economy

the copublishers of this report— the Fraser Institute, the Liberales Institut at the Friedrich Naumann Foundation for Freedom, and the Cato Institute—began exploring the possibility of creating a broad measure of free- dom around the world with the help of scholars of varying disciplines and nationalities.

The self-appointed judges of human freedom don’t get my vote.

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Posted in current events

The War on Drugs is not meant to be won, it is meant to extend state power indefinitely

Isn’t it interesting that at some point the USA decided that it preferred never-ending wars to victorious wars? The following article is from the Antimedia. John Vibes August 27, 2015 (ANTIMEDIA) Bolivia — After the U.S. Drug Enforcement Agency (DEA) … Continue reading

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Posted in political economy | 1 Comment

“Everything under heaven is in chaos; the situation is excellent.” – Transition from the China growth propaganda to the China value propaganda

On 11 Aug 2015, Ben Hunt wrote: August 11. Everything under heaven is in chaos; the situation is excellent. ― Mao Zedong (1893 – 1976) A quick email on China’s currency devaluation last night.

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Posted in political economy

Chinese markets crash again in biggest collapse in 20 years

Chinese markets crash again in biggest collapse in 20 years Published time: 25 Aug, 2015 07:41 Edited time: 25 Aug, 2015 13:49 The key Shanghai Composite Index sank another 7.63 percent Tuesday, extending its worst four-day rout since 1996. The … Continue reading

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Posted in current events