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Posts tagged “austerity

Pragmatism in the development of ideas.

Pragmatism

Pragmatism: A reasonable and logical way of doing things or of thinking about problems that is based on dealing with specific situations instead of on ideas and theories.

I tend to favour a pragmatic approach to life. I see a lot of idealism in politics with little thought to actually testing new ideas to see if they work. Then when an idea ends in utter failure, which the policy of forced austerity has, we move on to some new idea, based on another spurious theory. (more…)


Posh panic #investments

Posh boys panic

At one time all the traders in the City of London had East end accents. Now they are all Oxbridge educated and talk posh, they also panic when sentiment goes against the market.  They don’t appreciate that they are the sentiment. So the Shanghai composite took a dive on Monday and we saw posh boy panic in London. (more…)


Politics and money #investments

politics and money

Politics have been depressing the stock markets this week, with the Greek debt crisis lingering on. It seems the credit crunch that followed the Lehman’s Brothers collapse just goes on and on. The problems seem systemic, markets can’t decide and adjust economies. (more…)


Finance Friday #austerity

austerity

It’s too early to predict the full result of the general election, but it seems likely that the Conservatives will have a thin majority. We can expect more austerity and cuts, so how will that affect investments? (more…)


Finance Friday: preparing for the future

It’s hard to predict the future, but if we are to survive in these austere times we have to try to prepare for even tougher times. It seems George Osborne plans even more cuts and austerity if the Conservatives win the next general election. (more…)


Finance Friday | The last Easter Egg

The government’s austerity programme really begins to hit the poorest in society next week, as benefits cuts make the poorest even poorer. This could be the last Easter that some  kids will get Easter eggs.

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