Specifically, the Financial Times' Martin Wolf – one of the world's most influential mainstream financial writers – says that, since banks create money out of thin air, they should be stripped of this power, and limited to normal
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So it was this weekend when we got wind of whispers that 100,000 LED spheres had been floated down a Tokyo river to mark the opening of the Tokyo Hotaru arts festival – and the photographs certainly didn't disappoint.
For the current members of the Group of Thirty who are sitting or recently-sitting central bankers, their roles in the financial and economic turmoil of recent years is well-known and, most especially, their role in bailing out banks, providing In each of E.U. government bailouts – of which the ECB acted as one of the three central institutions responsible for negotiating and providing the deal, alongside the European Commission and the IMF, forming the so-called Troika
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Lest we forget how much we have to eat in the developed world today (actually in memory of 60 years since the end of world war II), Nihon Television broadcast a live action of the story turned animation Hotaru no Haka (Grave of Fireflies). What shocked me was learning that one primary reason to choose Hiroshima as a target was the fact that it had been spared during much of the war and the overall effect of the bomb could be assessed using such a clean target.
The hordes of the 'kingly' wealth – mostly in the form of gold, diamonds, and jewels, were also changing the ownerships and were on the move – from one palace to the other. There were no economies – just the loots, from one region to the other. People's lives were miserable, and the princes and kings were always looking for the more innovative ways to skin the public a bit deeper to finance their ongoing adventures. The Banking Clan of the central Europe were the
What's best about charity is that it can power new ideas as a beacon to show how the state could run its social services better, or foreign aid, arts, sports or anything else. But as all charity leaders say, they are no substitute for
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