Monday, 24 August 2009
Can we save the economy by printing money?
BBC - Recession 'at an end'
Confidence among business professionals has seen the biggest rise for two years, suggesting the UK recession is at an end, a survey has said.
The Institute of Chartered Accountants' index of business confidence rose to 4.8 at the end of June, from -28.2 at the end of March.
However, chief executive Michael Izza warned against "underestimating" the challenges ahead for businesses.
The institute predicts the UK economy will grow by 0.5% in the third quarter.
Its forecast comes after the economy shrank by 0.8% in the second quarter of the year.
More than 1,000 chartered accountants were surveyed across England and Wales.
"This quarter's Business Confidence Monitor suggests that the UK recession is at an end," said Mr Izza. "While there is no doubt that the UK economy is on its way to recovery, we shouldn't underestimate the challenges ahead for businesses."
About 41% of senior professionals were more confident about their business prospects in the next year, but only 6% were much more confident, indicating that some caution remains.
IT was the most optimistic sector, followed by banking, finance and insurance. The institute said the banking sector in particular had shown "a remarkable upturn given the turmoil of the last two years".
Gerald Celente: Jobless recovery is like being half pregnant
"You cannot create phantom money out of thin air, based on nothing, and producing practically nothing, without destroying the economy and the dollar."
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- ▼ Aug 2009 (31)
And You Tell Me There's No Suppressed Technology?
It's another of those 'conspiracy theories' that good citizens don't notice. Imagine the standard of living if all the secret technology was released to the public...we'd be "free and independent" as JFK said! No more poverty anywhere! Can you imagine being sick enough to withhold such technology from society just to maintain your position of control? (Bearing in mind that we don't know just how much technological capability is being withheld, because, duh, it's secret.) What did Nikola Tesla really develop?
Individual Liberty? But that's "selfish"!
No, we need to look after each other voluntarily without having a government do all that at gunpoint. Sounds absurd at first but soon you realise that the reason it sounds so is because of the very unfree nature of our current existence. Envision greater possibilities! Ok, some kind of massive wake-up would be needed before this kind of free, responsible, uncontrollable society could emerge. And that's what we are seeing day by day in the world - a massive waking up of the previously enslaved masses (including myself I must add!)