Crumbling Global Economy Passes Point of No Return

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Source: Lee Rogers, BlacklistedNews.com

World economic crisis

As bad as the global economy is right now, it is unfortunately going to get far worse. Many central banks around the world are now racing to devalue their currencies through the implementation of debt monetization programs and low interest rates. Despite statements coming out of the G20 saying otherwise, many insiders and former insiders are fully admitting that there is an on-going global currency war and that this war is accelerating. The Bank of Japan’s recent announcement of a massive bond purchase program is the latest episode in an already sorry state of affairs. It is a historical fact that prosperity has never been obtained by devaluing a nation’s money which makes it all the more insane that the central planners are actually trying to sell the general public on these policies. In fact if monetary devaluation resulted in economic growth, Zimbabwe which recently experienced a period of rampant hyperinflation would easily be the wealthiest nation in the world instead of one of the poorest. Ancient Rome had a strong monetary unit when the nation rose to prominence but degenerated after the ruling powers decided to devalue its coinage. In more recent times both the British Empire and the United States reached great heights when they maintained a sound money system. With this said, you really don’t need to be an economics guru to figure out that the result of today’s monetary policies will eventually result in a complete disaster for the global economy.

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Skua! The Royal Navy’s Dive-Bomber

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The author has done a very good job in recounting the story of the Blackburn Skua. Two excellent photo plate sections and an annex containing drawings, provide able support for clear and easy to read text. There is a great deal of information. The author has close access to the FAA Museum archives and is connected with the Skua restoration.

Even those not closely interested in naval aircraft will find this book of great interest. It demonstrates how the RN coped with venial politicians who wanted to rob them of close air support at sea and provides an example that will hopefully be followed again as the RN regains fixed wing aircraft with the arrival of the F-35. It is interesting that the RAF was reduced to sending Gladiator biplanes to Norway, but the FAA was able to deploy the capable Skua metal monoplane from their aircraft carriers.

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Eastleigh By-election

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Diane James, UKIP Candidate has the advantage of being a normal person with a solid knowledge of the NHS and need for urgent reform. Its a sad day for British politics when only one candidate looks like a sane normal person with an ability to work for the electors. Current indications are that she could cause a major upset and could even win

With the loss of the AAA credit rating and the Lord Rennard sex scandal still to factor into voting attentions;

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Infrastructure improvements key to extending flexible working benefits beyond city limits, says teliqo

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Rural Dwellers Demand Faster Broadband But Telco Infrastructure Still In The Horse Drawn Age

Last week, a survey conducted by the Institute of Directors revealed that the overwhelming majority of firms believe that a faster broadband connection would help them increase productivity, while only a quarter are satisfied with the mobile Internet speeds they receive[1]. With the research also highlighting widespread dissatisfaction with Internet provision in rural areas, teliqo’s Russell Lux believes it is high time broadband and mobile network operators brought their infrastructure up to scratch in the areas away from major cities, in order for the whole country to reap the benefits of superfast connectivity.

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Luca’s lasagne

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It may say ‘lasagne’ but is it Euro Horsemeat with bute?

21 February 2013

Getting ready for his six-month stay on the International Space Station, ESA astronaut Luca Parmitano from Italy had an important task yesterday ­– testing some of the best Italian cuisine that he will eat in Earth orbit, including the first lasagne to be sent to space.

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