Monthly Archives: December 2012

Debt: How legitimate is it? Must we pay for it?

Debt is a curious concept. While it remains a taboo word in some countries like Germany, who suffered in the 20s and 30s of hyperinflation caused by the First World War debt repayments, and still remain subconsciously traumatised by it,  it is

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Posted in Banks

End of the world: My wish

Although I respect the Mayan culture for what it brought in knowledge in terms of living with nature and not of it, and many other attributes, I find hilarious the free interpretation of some people that have led to term

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Posted in Banks

Banks: The house always wins

Modern banking institutions have existed for the last 5 centuries in Europe. They were basically created in Europe for those people with large amounts of money/gold to keep it in a safe place. And soon it incorporated a lending function,

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Posted in Banks

Fishing: Who gets caught?

This week the European parliament are discussing the renewal of the Common Fisheries Policy. Basically the agreement between European Union members on fishing quotas for the next years. I will not extend myself on this post, but basically the problem

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Posted in General

Constitutions: Where does the interest lay? What for?

Constitutions made by governments, whether at the foundation of a state or due to changes in types of government, to seal agreements and settle possible disputes are all instruments that we have learnt to admire and profess. Constitutions differ from

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Posted in General

Never ending conflicts: Who really cares?

Recently the conflict in the eastern part of the Democratic Republic of Congo (DRC) has increased in intensity with the taking of the city of Goma by the M23 rebels. Most people would say: “oh, these people, they just cannot manage can

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Free Trade Agreements, the new post-colonialism

Taking the opportunity of the FTA signing between the European Union and Colombia and Peru, I will speak about the Free Trade Agreements. FTAs are agreements between countries and/or economic areas based on free trade. The underlying intention of such

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What is wrong with this world?

What is wrong with this world? Firstly, there are as many answers as people in this world. A savy banker in London and a Somali woman in a refugee camp in Ethiopia will never say the same, but most people

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Posted in General

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