He talks big. He is “the builder”. He tells the rest of us to “live within our means”. And he wants to be the next Prime Minister of the United Kingdom. But George Osborne is clueless, when it comes to macro-economics. True, he sounds convincing when he reads a good script. But strip out the […]
Archive | UK Property
Tesco and the Art of Buck Passing
One of the culprits of the last property boom/bust was the Tesco supermarket chain. So far, it has escaped Scot free from public censure for its role in the financial disaster that continues to blight the UK and global economy to this day. For years, Tesco systematically cornered the prime locations in localities where it […]
Am I a Liar?
Anyone who claims to know how the economy works, with a high degree of confidence, is lying. So says Lord Turner, who now serves on the $50m think-tank funded by billionaire hedge fund operator George Soros. So am I a liar? That is the implication of the pronouncement by Adair Turner at a meeting in […]
Telegraph rates campaign
The disgraceful way in which the media participates in mind-manipulation, when it comes to economic policy, is illustrated by the campaign being run by the London-based Daily Telegraph. Its Editors hate the tax known as “business rates” – the levy on commercial property. They want the tax “reformed”. They give huge space to critics of […]
Return of the sub-prime
A measure of the ignorance of economists, and the politicians who rely on them, is the current frenzy over house prices in Britain. Is the economy locked into a housing bubble that will burst? That’s the question occupying the pundits, who fail to locate current events in their historical context. True, the sub-prime mortgage has […]
The Wool Over our Eyes
You need to be a linguistic analyst to function as a fully paid up citizen of our version of democracy. Why? Because unless you learn to decode the language of politicians, the chances are that you end up paying dearly for the vote you cast to support your favourite party. An example is the row […]
There’s Bad News & Bad News…
The bad news that’s good news hits the headlines every day. Commissioning editors send their camera teams to the four corners of the world to film the most grief-stricken events for that night’s TV news programmes. Mass murders, volcanic eruptions, drought-created distress – you name it, they love it. And then there’s the bad news […]
The Cannibal Doctors
According to their ancient oath, doctors are supposed to save people’s lives. Without understanding how, many of Britain’s doctors are actually participating in the cannibalisation of their communities. Indirectly, this leads to many premature deaths. It’s all done in the name of making money out of property. I first revealed the scam in my book […]
I Confess. But Whose Treason is it Anyway?
The value of my home has increased tenfold since I bought it in the 1980s. Where did all that lovely loot come from? Not from my labour. But someone had to create it. Millions like me – owners of mini plots of land under our houses – are as much to blame for the economic […]
Wilful ignorance or Big Lie?
Conspiracy theories are dangerous, but, sometimes, things happen that leave you wondering…If it’s not a conspiracy to defeat people from achieving their goals in life, what is it? Where do you draw the line between wilful ignorance and the Big Lie? These reflections were triggered by a report in a British magazine called Country Life.. […]