Showing posts with label welfare crisis. Show all posts
Showing posts with label welfare crisis. Show all posts
Monday, December 09, 2024

October’s Historic Php 16.02 Trillion Public Debt: Insights on Spending, Employment, Bank Credit, and (November’s) CPI Trends

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  The essence of public debt, as a financing institution, is that it allows the objective cost of currently financed expenditure projects to...
Wednesday, March 30, 2016

Thanks to NIRP and ZIRP; Many Japanese Turn to Crime In Order to Live Off From Prison Welfare

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The following serves as wonderful example of how government interventions fundamentally mangle society’s ethical fabric. Through ZIRP a...
Saturday, March 26, 2016

Quote of the Day: Europe is Drowning Under the Cost of Welfare Bills

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A debt crisis in Europe seems inevitable. Reason? Exploding costs of welfare politics. Telegraph's Matthew Lynn explains : Eur...
Friday, May 29, 2015

Quote of the Day: This Time is Different: Sovereign Debt Crisis will Wipe Out Pensions

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Why is this Sovereign Debt Crisis collapse different from 1931? When the governments of the world defaulted on their debts in 1931, there ...
Friday, November 28, 2014

Crashing Oil Prices: OPEC Deadlock, Shale Bubble, Global Liquidity and Philippine OFWs

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I recently pointed out that October brought upon us the reality of real time crashes—a dynamic we have not seen since 2008. In spite o...
Wednesday, January 08, 2014

Has the French Atlas Shrugged Moment Arrived?

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In the dystopian classic one of the world’s best selling novel, Atlas Shrugged , written by the great philosopher, novelist and free market...
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