Government Bailouts, as easy as ABC…

Childcare giant ABC Learning Centres cannot guarantee all its centres will remain open in the long term despite pledging there will be no immediate closures. Despite reassurances it is “business as usual” for the chain’s 1100 childcare centres – at least while an initial review is being conducted – concerned parents said they fear being [...]

Never Mind the Frolykz, here’s Weekend Wonderland!

Welcome to weekend wonderland, the place for discussion about all things convivial.
What an historic week it’s been. The world breathed a collective sigh of relief with the election of the world’s first African American president. However the initial excitement quickly subsided with markets in the US continuing to slump further despite news of the Obama [...]

2008: History repeats …disturbance of orderly life and convenience‏

Rather than offering any blinding insights I thought is best to put forward a historical perspective on what we are experiencing.
Apart from the obvious time gap between the 1929 crash and what is happening right here and now, I think there are some obvious flaws not only in our financial systems but also within the [...]