Consumerist Sheeple

Communities around North America are waking up to the reality that things are no longer on the trajectory of endless prosperity that we had come to expect. Housing prices are falling, inflation seems a certainty, government and personal debt is at record breaking levels. Yet, the Sheeple still go out Black Friday shopping, some staying […]

European Austerity

While North America licks its wounds from the latest financial beating, it seems that things in Europe are just warming up. It’s as though the summer break was just long enough to snap the resolve of the population, France and Belgium both lost their Prime Ministers this weekend and Ireland is in the last convulsions […]

Social Unrest and Monetary Mischief in 2010

How is it that reports like this are not splashed as headlines across the globe? The UK's Telegraph actually published this, (and just before Christmas! How dare they!)… In a sombre report on the outlook for next year, [Moody's,] the credit rating agency raised the prospect that future tax rises and spending cuts could trigger […]

Lean Local Economies

Image via Wikipedia There is a knack to saying things that people don’t want to hear, and still sounding intelligent. Most people who have an interest in the economy want a few mostly obvious things: for their stocks to keep increasing in value for whatever they want to be conveniently available at a reasonable price […]

Infrastructure and the Current Financial Situation

Infrastructure authorities around America are scrambling for funds in the wake of the current financial turmoil. The bond market is off limits to cities, states and other local governments, forcing authorities to make some tough choices… Maine had already begun some of its road work when the bond markets stopped functioning, so now it is […]