Thursday, 2 June 2011

Manx/Austrian Economics.

This is a very interesting Paper on where the Risk now lies and how it is ranked in the "top 10 to big to failers."

Short Answer, the Banks are shakier now than they were in 2006!

An interesting article in the Guardian newspaper on how the banks are planning to chart a course out of their present Bankruptcy by infecting our own Sovereign Economies.

Rather than letting them Fail slowly taking so many innocent people with them my suggestion is we push them over the edge re build the system with a debt jubilee swap of all on shore liabilities.

As suggested here.

There is more than one way to Skin this particular Cat we need a Manx/come Austrian approach. Manx Cats have no tails ( the investment Bankers are not required at the Table of National Finance Sovereign Interests must assert their Authority. Enough is Enough!