Cash – Struggling to Survive

The obliteration of cash continues apace.  Frighteningly, the majority of people don’t seem to care.

63 central banks are implementing Basel III to rescue failing banks

Yesterday, the Bank for International Settlements announced that its member jurisdictions have made significant progress in implementing the final elements of Basel III. Basel III includes wide acceptance of bail-in as a way of rescuing failing banks. Unlike a bailout, which involves external assistance (often from taxpayers), a bail-in restructures

The EU's economic war on Le Pen

With France bracing itself for the first round of its snap parliamentary election this Sunday, the near-certain prospect of victory for Marine Le Pen’s National Rally (RN) has sent French and EU elites to their panic stations. Reeling from

The Carlyle Group: An example of how the Global Public Private Partnership works

In 2009, a documentary revealed how The Carlyle Group’s power and influence in America and around the world became significantly stronger after 9/11 and the Persian Gulf War. It is an example of how public-private partnerships operate to achieve their goals and a warning of what the Global

AUKUS and AUKMIN submarine deals are robbing Australian taxpayers

Last week, Australia-UK Ministerial (“AUKMIN”) talks between UK Foreign Secretary David Cameron and Defence Secretary Grant Shapps and their Australian counterparts took place to identify new ways to grow and strengthen collaboration in key strategic areas.  One of those areas was submarines. A joint statement published on 22 March 2024,