Sunday, 2 October 2011

Travellers Guide

This is a short post because there is travelling to be done on family affairs over the next few days.

In the meantime there could be some difficulties in world or other finance.

Here is a brief guide to the nature of the problem:

The Euro

A monetary system without the system.

The Pound

Once based on a home owned working economy but now on a foreign owned financial service.

The Dollar

Once a world currency based on a world economy now without the world power or much of its economy.

The Renminby

Once based on a closed economy now on a trading economy that does not want to trade in its currency.

The Yen

Once based on a trading economy that is losing its trade.

The Rouble

Once based on a planned economy that is no longer planned or anything else.

The Rupee

Once based on a peasant economy but now without the peasants.

Given my past record while I am away something will happen.

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