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So. Remember the Global Financial Crisis? All those get rich quick bankers whose idea of a good time was to keep bundling dubious mortgages up with other debts and selling them to each other in the hope that no one would be left holding a bag full of dog shit so that everyone could keep [...]  That’s it! I hereby call on the government to immediately privatise the Reserve Bank. The Reserve Bank is nothing more than a grubby little profit-making enterprise which MUST be flogged off so the private sector can enjoy the profits that come from such a risky activity, the business of buying money. The Reserve Bank’s profit of [...] Some cheery economic data…The world economy is tracking or doing worse than during the Great Depression (September 2009 update) | vox – Research-based policy analysis and commentary from leading economists. Don’t you just love capitalism? And Glenn Dyer over @ Crikey describes the US situation as a social powderkeg: Yes, Friday night’s employment figures were better than [...] |
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