https://wap.business-standard.com/article-amp/international/world-s-281-trillion-debt-pile-is-set-to-rise-again-in-2021-iif-says-121021800277_1.html The global GDP : US $ 79 trillionGlobal Debt : US $ 281 trillion Therefore , like the typical tunnel-visioned CA that I am, I reckon the NAV (net asset value) today of the whole world is (-) US$ 201 trillion. The question is : Does anyone care? No! Do any of the internationalContinue reading “Even if God didn’t exist it would be necessary to invent one”
Tag Archives: Geo-Political
THE TAIL THAT WAGS THE DOG: INTEREST RATES AS CENTRAL BANKER TOOL
https://m.economictimes.com/markets/stocks/news/view-interest-rates-are-losing-their-relevance/amp_articleshow/81201347.cms This article is bang on ! As a monetary tool , Interest Rate control in the hands of Central Banks of countries is fast losing its utility and purpose to tackle inflation and price-levels . Monetary theory in the last 30 years has been turned upside down. The valve with which Money Flows usedContinue reading “THE TAIL THAT WAGS THE DOG: INTEREST RATES AS CENTRAL BANKER TOOL”
When Accounting denies the dead of even the dignity of being counted properly …
The chart below and the news-report I read this morning leaves me appalled, despairing, indignant and … yes… feeling utterly helpless ! When the dead are not counted accurately and the death-count is allowed to go under-reported like this by governments and health-authorities, we the living collectively must bear the moral responsibility for denying theContinue reading “When Accounting denies the dead of even the dignity of being counted properly …”
Well said, Kangana ! I share your indignation about the vulture press of the Western nations !
fb.watch/5oRK9IcFOj/ WELL SAID , KANGANA ! 👍👏👏 Kangana Raut is absolutely right in asking why the Western powers US, UK and EU countries having no guts or gumption to investigate why, how and wherefrom the deadly Covid outbreak emerged out China — and has now destroyed half the world in less than a year andContinue reading “Well said, Kangana ! I share your indignation about the vulture press of the Western nations !”