Punk Economics is a new way looking at the economy based on the central idea that what is important is not complicated and what is complicated is never important.
Lesson 4: Irish Referendum Preview. Hope you like it. — David
Punk Economics is a new way looking at the economy based on the central idea that what is important is not complicated and what is complicated is never important.
Lesson 4: Irish Referendum Preview. Hope you like it. — David
David,
Brilliant, but does that mean you’re advocating a “NO” vote or a conditional “Yes” Vote on the 31st?
What possibly happens to our childrens allowance rates (that educate our kids) and our Social Welfare payments that currently barely keep us going? Will they be pared back more if we vote YES or NO ?
Excellent production as usual.
Say No and keep them guessing.
Yes , I agree Genius !! The SEF have canvasses for NO for a week now, we believe. —————————————- 1. This treaty is not a normal EU treaty and has no direct connection with the EU. The Fiscal Compact is primarily concerned with Franco-German banking issues. 2. The International Labour Organisation (ILO) has said fiscal austerity will place more people on the dole. Ultimately this will lead to more tax and less money in your pocket. 3. Permanent austerity means more hardship for you. The people responsible for and profiting from this mess will escape justice. 4. The Maastricht Treaty… Read more »
Excellent update.
Hello David. Why don’t you go on Vincent Brown or the Frontline and air your views on whats going on to the general public. Not enough people will get to hear your arguments through social media.TV is still king.
[…] David McWilliams » Punk Economics — Lesson 4 […]
Very entertaining and factual take on things as usual. I still don’t think we can solve anything until we have a better understanding of banking though. I hope everyone’s aware that cash forms only 3% of the European money supply and that banks create the 97% through loans? This is why every euro has it’s corresponding debt and for me it’s obviously the root cause of the debt crisis. Every Euro carries a debt. At the moment Germany has a lot of euros but, relatively, not much debt. If Germany paid more Euros to the periphery then Germany would have… Read more »
[…] See Punk Economics 4 on You Tube for an alternative view of the fiscal treaty. tweetmeme_url = 'http://www.davidmcwilliams.ie/2012/05/28/the-game-is-only-beginning'; Categories: Articles | Sunday Business Post Next Article: Fiscal treaty is Kamikaze economics for most of EU Upload a Gravatar to include a profile picture with your comment. Add your comment below. Click here to cancel reply. You must log in to post a comment. April 3, 2012 Re Eircom Examinership this week, thoughts from 2000 on similarity between Railway Mania and Eircom May 28, 2012 The Game is Only Beginning May 18, 2012 Punk Economics – Lesson 4 February 10,… Read more »
I like it!
Suggestion:
Your mileage may differ, in my opinion, and I am sure you read it already, China etc., I am emphasizing since two months that the biggest Lie presented now, which was started by Draghi, is the Growth lie.
So where is growth coming from? Punk Economics part 5?
There is not growth like in the 30s where the Industry was booming, and chances are there will be none in this small time available, this is the biggest differentiator to the 30s of all.
Best
Georg
I like Punk Economics…it’s brilliant!