Showing posts with label economics. Show all posts
Showing posts with label economics. Show all posts

Friday, May 27, 2011

Greece and Spain Protest : Who will follow ?




The grave mistakes of the leisure class have lead to a new underclass (Galbraith- Veblen), ie. Young and old (over forty as per most human resources departments) educated and out of work professional men and women.

Judging from the current demonstrations in Spain and Greece, and the probable domino effects in Ireland, Italy (which will eventually find their way to the more industrialized countries) the new underclass is composed of both labor and out of work professionals.

If the leisure class, ie. the industrialists, aren’t careful they may see an unprecedented backlash that will not only affect their profits, but their very existence.

Recall that May Day started in the US, and that the red flag was the result of a young woman dipping a dead worker’s shirt in a pool of blood.

“Κραυγή Λαού, Οργή Θεού”

Sunday, May 8, 2011

The "Real" Fins and the Smart Chinese



































The whole point behind the EU was to deter europeans going at each other as they did in the first two world wars, and to give meaning to the Roman saying "in unity the power" by uniting Europe at least economically.










With the current shakedown of European Unity and the incoming prowess of new powers like China, you kinda wonder how the Real Fins will compete with the Smart Chinese...From the latest Nokia results, obviously not too well....










On the other side of the coin, many dread being in a continent which is run by a nation that started two world wars with devastating human and economic results, world wars that it didn't quite know how to end...