Raising interest rates won’t create more chips, mine more copper, pump more oil, restore lost crops, or expand shipping capacity. But it will destroy many many zombie companies stumbling along under impossible debt they can never hope to service.
And in general : **Fuck the IMF**.
Fixed rate mortgage is up next year. Hopefully cranking up that interest rate will make my life much better.
BoE have for too long acted as an arm of the Government.
Transmuting spin through policy was always gonna end up tragic.
20 years ago WEF had a project that bought together world economic and political leaders. Their aim was simple. Destroy the concept of “family & friendship”. The idea was simple enough, single people with no family or friendship will spend more, work harder and longer – great for companies and governments. Devoid of friendship and influence they will only have media, politicians and large organisations to tell them what to think and how to behave. You could read a lot about this project online, there were white papers, study groups, minutes of meetings. Then suddenly it all disappeared virtually overnight. Wonder what happened to that group and their stated aims ?
4 comments
Raising interest rates won’t create more chips, mine more copper, pump more oil, restore lost crops, or expand shipping capacity. But it will destroy many many zombie companies stumbling along under impossible debt they can never hope to service.
And in general : **Fuck the IMF**.
Fixed rate mortgage is up next year. Hopefully cranking up that interest rate will make my life much better.
BoE have for too long acted as an arm of the Government.
Transmuting spin through policy was always gonna end up tragic.
20 years ago WEF had a project that bought together world economic and political leaders. Their aim was simple. Destroy the concept of “family & friendship”. The idea was simple enough, single people with no family or friendship will spend more, work harder and longer – great for companies and governments. Devoid of friendship and influence they will only have media, politicians and large organisations to tell them what to think and how to behave. You could read a lot about this project online, there were white papers, study groups, minutes of meetings. Then suddenly it all disappeared virtually overnight. Wonder what happened to that group and their stated aims ?