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Crisis

Prayers for India … but my bank let me down

My bank shocks me. I know what’s going on, but even then, they still shock me. What’s going on? My bank depended upon offshore services for customer services. Those offshore services were based in India. India locked-down with four hours notice and, as you may have noticed if you watch …

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Today is Money Rebellion Day

The climate activists of Extinction Rebellion expanded recently into a Money Rebellion, as I blogged about last Friday. Targetting the banks that pollute the planet – specifically Barclays and HSBC in the UK – they will hold a range of protests today, gluing themselves with locks to the entrance to …

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Are most ESG efforts just PR stunts?

I wrote two years ago about the BS that Blackrock talk about the climate. I mentioned this issue again in my update on the Money Rebellion last week and what really makes me angry is that  financial firms like Blackrock sign up to global agreements to protect the environment, and …

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The Roaring 2020s

I blogged the other day about a $3 trillion spending spree, that I just didn’t see happening. The points I made were: it is the higher income families who have been most comfortable during this lockdown, along with essential workers who have seen no change in pay; but who has …

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What is normal?

I’m watching the news. We’re all locked down. Britain just introduced £5,000 fines for unnecessary travel whilst the TV correspondents interview their counterparts in Dubai who say that they get massive fines for not wearing face masks. What is going on? It’s a really weird world where you are punished …

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The $3 trillion bounce back

Bloomberg wrote the other day that “consumers in the world’s largest economies amassed $2.9 trillion in extra savings during Covid-related lockdowns, a vast cash hoard that creates the potential for a powerful recovery from the pandemic recession”. I was pretty riled about this paragraph and headline, as it’s a total mis-hit …

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The world is good, bad and mad

Like all of us, I’m fed up with coronavirus coverage and Groundhog Day days. I talk to other folks, they feel the same. Then I realise it’s not a World War. I’m not worried about losing my life. I’m not going to take risks and expose myself to the virus, …

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Making money out of a crisis

We have terrible moments of human strife and suffering. Wars, famine, pandemics, earthquakes and more. People dying, parents and friends lost, grief and tears, a world that could not be worse … … But for some, it’s good times. There’s always money to be made out of a crisis. I …

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Brace yourself for the Great Unlock

Way back in March 2020 – what month is it now? – I said that lockdown would be a challenge for all. Obviously. Now, so many months later – what year is it now? – it is clear that has challenged all. Personally, I see two massive rifts: the physical …

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