Drop in UK inflation Is Not Good News

January 17, 2012

The Office for National Statistics has reported a sharp fall in the Consumer Prices Index – down from 4.8 per cent in November to 4.2 per cent last month – was the sharpest drop in the annual rate since December 2008 when the UK was in recession and VAT was reduced.

Government ministers and propagandists will try to talk this up as a sing that the economy is starting to recover. We should be wary however, in the current economic circumstances a drop in inflation, especially one this rapid in what is traditionally the best month of the year for retailers, is not good news …

Read more on UK Inflation

The Day Of The Eurodead

December 11, 2011

While we wait for Mario Merkozy and the other Euro rats to eat each other here are a few snippets from the EMU break-up prophecies published in the past few days.

The Dutch bank ING has revised its numbers, calculating that the Greek Drachma would fall by 80pc against the D-Mark in a dismembering of the European Single Currency involving Euro member states reverting to their own currencies.The Escudo and the Peseta would both fall by 50pc, and the Lira and the Irish Punt by 25pc. Germany, INGS says, would suffer a ten per cent reduction in GDP …
Read full post
The Day Of The Eurodead

Bureaucratic Democracy?

November 22, 2011

What If Brussels Apponted All European Governments as they have recently replaced maverick but democratically elecyed governments in two EU nations with Europhile bureaucrats.

Following the imposition of Eurocrat governments in Athens and Rome lets indulges in a little fantasy, wondering what a Brussels-backed British government would look like. A roll-call of the oily politicians and smooth faced intellectuals of the Europhile Establishment is so uninspiring that a little though experiment that should have been funny became frightening with the realisation that what happens elsewhere could happen here and I might be putting ideas into people’s heads … Read full post: Bureacratic Demacracy

CO2 Scaremongering Hides The Facts – We Need More Not Less

November 5, 2011

Warmageddonists are always whining about how raised levels of CO2 (carbon dioxide) in air will destroy human society. It is very well known however that most animal life can happily breathe much higher concentrations, humans can survive with up to 7000 parts per million CO2 in the air they breathe. Another fear is failure of food supplies. But others argue raising CO2 levels would nullify the case for another science sacred cow GM food crops. So who is right?

Read the linked article at our mail site and learn how more CO2 in our air would increase crop yields producing more much needed food in ba time of exploding population.

To Feed The World We Need More CO2 Not Less

Jobs Crisis Gets Worse For British Youth

November 4, 2011

The unemployment problem throughout society but particularly among the young has been discussed many times in The Daily Stirrer. In articles like The Jobless Economy we have pointed to reasons why employment has collapsed, ranging from 50 years of naive politicians and poodle-like academics framing policies to support the drive by big money to supplant human workers with machines and to offshore low skill work to the cheap labour economies of the developing world.

Read full post on youth jobs crisis

Central Banks Print Money But Fail To End Crisis

November 4, 2011

by John De Roe

The world’s central banks have pumped £3 trillion into the global economy since the beginning of the financial crisis in 2008. This represents the equivalent of 8pc of the world economy, according to an analysis by Fathom Consulting.

The figures will intensify fears that the extra cash flooding the system is responsible for rising stock markets, rather than any recovery in corporate health or investor confidence.

Erik Britton, a director at Fathom, compared the development to throwing lighter fuel on a barbecue. The question is, he said, “whether the coals are lit”.

The warning is the result of the extraordinary measures to prop up the financial system, which have seen central banks resort to strategies such as buying up bonds to keep the flow of money circulating. The central banks have also tried to stimulate economic activity by holding base interest rates insanely low. All that achieve was by enabling banks to borrow from government at 0.5% and by buying treasury bonds, in effect lend the money back again at 3%, was to make matters worse.

With such easy money on offer the banks had no need to take on riskier loans to businesses.

Fathom’s economists are worried that last year may have marked the high point of the global recovery. “It remains unclear how much of the equity market rally has been ‘genuine’, rather than simply a ‘mopping up’ of that extraordinary injection of liquidity,” they warned. “As that stimulus is gradually withdrawn, further gains in equity markets will be harder to achieve.”

RELATED POSTS:
Bond Villain Targets Britain
Interesting Times
Inflation A Threat To Recovery
Magic Money
Food Prices To Hit Asian Growth
UK has third biggest deficit in Europe
Money Index

Facebook Privacy Piracy

October 10, 2011

Once again Facebook are in trouble over their contempt for users privacy. It is quite astounding that this upstart corporation that is quite open about its ambition to control the internet does not seem to understand there are lines that cannot be crossed when it comes to broadcasting or “sharing” details of users private lives.

Facebook’s Privacy Piracy

Geoengineering Scam: What the climate change fearmongering was really all about

October 10, 2011

Does anyone think pumping nanoparticles of sulphur compounds into the stratosphere to simulate a volcanic winter will really solve the problems caused by climate change.

Read: Geoengineering scam: we who said “Follow the money” can now say “We tld you so” and learn how those oh so concerned scientists who sai had your best interests at heart were really just corporate lackeys taking part in the biggest scam ever, not just to pick taxpayers pockets but to make us slaves to our government’s debts.

We Must Try To Remember To Update This Blog Regularly

March 22, 2011

Big Inflation Rise Precedes Budget
True awareness of how bad inflation has become was always going to be the February figure. In January, the effect of the VAT hike would have been obfuscated by the post Christmas sales. Taking that into account however the latest data, with consumer Price Index (CPI) inflation at 4.4pc and Retail Price Index (RPI) which is more reflective of the week by week cost of living, at 5.5pc, is far worse than anticipated …

Maths Teachers In English Schools Are Crap At Maths
Our headline comes from a major two-year study published today which reports that student teachers in England had achieved a poorer standard in mathematics than trainees in nations such as China, Japan, Ireland, Finland and Russia …

Water Day – More Celebrity Gesture Politics
Tuesday is World Water Day. Nominally an occasion to celebrate water and its crucial contribution to human life in all its forms the day has become more of an occasion for raising awareness of the water crisis already affecting so many backward nations and increasingly threatening developed communities.

Von Rompuy Pumpy wants to shaft us through the back door

October 29, 2010

Herman von Rompuy, chef of the EU Commission is unfortunately named as he reminds people of that colloquialism rumpy pumpy which means – well use your imagination. Von Rompuy – Pumpuy is now showing signs of getting a bit fetishisic. The National Socialist Government of Federal Europe is making another bid to get its hands on the controls of the member states governments. Yes, that dirty little Belgian bastard Von Rompuy – Pumpuy is trying to use the Lisbon Treaty to transfer sovereignty to the unelected bureaucracy he heads …(read more on Little Nicky Machiavelli blog)

EU budget plan a step towards One World government


Follow

Get every new post delivered to your Inbox.