Tuesday, 28 October 2014
SHORT HISTORY OF THE PROMISSORY NOTES
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2009/2010: Two non-systemic Irish banks are insolvent, need €31bn to bail out their creditors, most of whom are from overseas. The E...
PROMISSORY NOTE BONDS – A EUROPEAN FAIRY-TALE
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Once upon a time there was a shiny new currency launched in Europe, the euro. Unfortunately however it was a flawed currency , struc...
Monday, 6 October 2014
WATER WASTAGE - MILLIONS DOWN THE DRAIN
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In much of the promotion of Irish Water we’re told the major aim is conservation. This is obvious nonsense, easily disproved. The cur...
Sunday, 5 October 2014
THE ECB AND THE POUND OF FLESH
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Shakespeare’s Merchant of Venice tells the tale of a merciless vindictive money-lender, Shylock, calling in a bond against the Mercha...
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