3 Aug 2010

Back to the Red


A Den Haag bank

The future of banking is being decided as it has been done for more than 35 years, behind closed doors in the quaint Swiss town of Basel by a committee of unelected central bankers and regulators. The consequences of carrying on like this will be profound......Preston BBC

.............................................................................................................................................................................................A Leiden home
All indicators point to a harder life for the weak in our society. House prices are falling just as more and more come onto the market for sale. Soon commercial property will lie idle and depress prices further.

Western Bankers who search for profit and only profit have demonstrated their disregard for the well being of humanity.
A sect of revolutionaries have promised a new urban guerilla war. Who will be their targets. Capitalism is failing the west just as Communism failed the east. Only China has utilised the wisdom of the one country two systems well enough to save itself from the onslought of an impending depression. Maybe it is time to consider going back to the Red.