Archive for ‘Economics’

HOMELESS HOUSES IN CHELSEA.

This is the question being asked by a few people. Kensington and Chelsea contains some of the most expensive real estate in London, yet there are a number of empty residential properties, some empty for years.
In this case, it has become more profitable to keep a property empty instead of having them occupied. Statistics[...]

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ACHTUNG – PRIVATISATION A NAZI LEGACY

Achtung – Privatisation a Nazi legacy!! ~ Michael Gold.
Mrs Thatcher is universally credited with creating the privatisation regime that now extends across most of the planet – yet the real roots of privatisation originated in Nazi Germany. The Spanish economist Germà Bel1 has traced the origins of the word ‘privatisation’ to the German word,[...]

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WHO’S BANKING ON CARNEY?

 
“It is true, we have the only banks in the western world that are not looking at bailouts or anything like that.”  Stephen Harper, Canadian Prime Minister, 23rd February 2009.1
Mark Carney’s appointment as the new Governor of the Bank of England (BOE) was, we have been told, based mainly on how successful he[...]

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Speaker’s Corner: Economic WG and Hyde Park Assembly

It started as an experiment, but the Economics Working Group are now taking economics to the people visiting Speakers’ Corner Hyde Park.

 
General Assembly Agenda:
Trenton Oldfield.
Police Spies and Stephen Lawrence smear campaign.

Consensus reached on the following things:
1. Consensus to entrust the press team to write a solidarity statement for Trenton[...]

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Corporate whining : Thames Water and Tax Avoidance. unpacked and debunked by the OL Economics WorkingGroup.

Question: article from Forbes magazine.
This article was sent to me by a friend who is slightly sceptical about my activities. Can someone who is less economically challenged than myself help me unpack this one?

http://www.forbes.com/sites/timworstall/2013/06/11/another-silly-corporate-tax-story-this-time-its-thames-water/
Answer from Clive:
These tax avoidance stories are complex and lead to ambivalence among the audience. Unlike many within[...]

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Occupy Tour of Mayfair: Shadow banking and where the financial meltdown started

This Saturday join the Occupy Tour of Mayfair, where the hedge fund managers
You will know it as the most expensive spot on the Monopoly board. But did you know that this upmarket area of west London has the highest concentration of hedge funds and private equity firms in Europe?
This tour takes you into[...]

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Collecting Tax is about Political Will!

Politicians of all parties, from all countries, will tell you that there needs to beinternational agreement to deal with tax avoidance, tax evasion and tax havens. Yet there are more tax havens under UK jurisdiction than any other national jurisdiction, and we could start by putting our own house in order! 
However, this doesn’t need[...]

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Neo-Liberalism or Fascism ‘Light’?

“Fascism should more appropriately be called Corporatism, because it is a merger
of State and corporate power.” Benito Mussolini
 
The UK economy today has some startling similarities with both Nazi Germany and apartheid South Africa. The overriding image of fascism is the Nazi jackboot trampling over the brave democratic countries of Europe, and fascism itself[...]

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Germany is destroying the Euro!!

It is depressingly ironic that this year is the 60th anniversary of the 1953 London Debts Agreement conference, and Alexis Tsipras, leader of the Greek Syriza Party, is suggesting a similar conference is needed again. In 1953 West German debt was written down by some 60%, and they were given 30 years to pay; today[...]

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