News commentary and predictions of political trends and what the future holds

The Euro crisis

November 12, 2011

There are many ways to “solve” the crisis.

You do not win a game of chess by barking at the pieces on the board, but sacrifice can have huge dividends. Part of the crisis is one of leadership.

Our leaders keep talking but not facing the fact that the economic system is riddled with corrupt practices, magical mathematical models that distort value and they appear to be relying on these mechanisms “to induce real growth” while starving the participants in favour of those for whom tax avoidance is a religion and make fortunes by gambling on leveraged valuations for things that do not exist.

Posted as a comment in The Guardian, article.

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