Editor's Blog

Happy New Year! Many people make New Year Resolutions.
I don't.
Many believe the World can be a better, fairer place.
I don't.
Realistically, the World will lurch from crisis to crisis in 2013. Just as it does every year.
Realistically, most of the World's population will live in poverty in 2013. That has never changed.
Realistically, there will be lit....

The Chancellor of the Exchequer has said that the austerity "programme" will continue until 2018 at the earliest. Five years is rather a long time and especially in politics. The next General Election will be held in 2015. In the event that our current Chancellor loses his position at that election, all talk of bringing austerity to an end by 2018 will quickly be forgotten. Particularly by t....

There was a brilliant article in the Sunday Times yesterday, exposing those companies which are highly profitable but pay virtually no corporation tax in the UK. The article identifies the culprits and also alternatives one can use to reward those companies that make a contribution to the UK exchequer. Being a married lady on PAYE, I can't avoid any tax. So I am particularly keen not to use ....

The saddest part of the US Presidential election is that both sets of voters believe their man can restore the US economy.

In fact, neither can.

The US is bankrupt. The country has an annual budget deficit of $ Trillions.
Most of the dollars that the US overspends end up in Chinese bank vaults.
The Chinese now have so many dollars that they do not know....

Much publicity has been given - rightly- to the Pussy Riots trial in Russia.
Political interference in the judicial process is a huge issue in Russia. Basically, if President Putin decides you should be in jail, that is where you end up living. In the case of Pussy Riots, for two years.
Of course, you might consider yourself lucky to go to jail in Russia. Those who offend the Autho....

You will have gathered from previous postings on this site that it is the editorial team's belief that it is inevitable that around 80 per cent of the World's population will remain poor. The good news is that if you are reading this in the UK, you will most likely be in the other 20 per cent.  Of course , even though there is an economic structural issue that makes poverty inevitable, it....

The "wealth creation" concept really emerged during the Industrial Revolution. This was the era in which for the first time it became possible to convert raw materials into manufactured goods on a large-scale. The progression of raw cotton from farm produce to finished garment is often cited as a classic example of wealth creation. Here is a simple flow of supposed wealth creation events: ....

There are really irritating people who use their debit cards for small purchases. You know the ones, they can be seen farting around at counters and check-outs throughout the UK, using cards when cash would be quicker and easier. They are easily recognised because they usually have long queues forming behind them.  Now these Card Clones will have pause for thought. The Chip & Pin technology....

I am sitting in a cab as I write this. Travelling through London in a cab can be a horrific experience. Just watching the meter turn quickly is enough to give anyone on a low budget a nervous twitch. So the fares are bad enough anyway. However, our "friends" the card schemes are now piling on the agony. In my current cab, there is a shiny new card reader, placed by Verifone, inviting me....

This site is about the freedom to use cash Make no mistake, freedom and cash are very closely interwoven. Put simply, without cash you are free to do almost nothing, except of course to be poor. Those who are pushing for a cashless "society" wish to destroy our freedom - and, ultimately, our society. The most obvious culprits are the international card schemes. These schemes are of cours....