When evaluating a company, ratios provide profound insights into a company’s performance, it’s financial stability, and what its future holds. One of the key ratios is that between interest charges and cash flow. Anyone who has had a mortgage understands the problem. If your mortgage repayments represents a significant proportion of your disposable income, you’re… Continue reading Is America broke?
Category: Politics
The Great Hunger
In 1840, the population of Ireland was over 8 million[1]The Great Irish Famine Was a Turning Point for Ireland and America. Today it is 5 million[2]Ireland Population. Between 1841 and 1850 one million died during the Great Hunger and another million emigrated. During the 150th commemorations of the Famine, Britain’s Prime Minister Tony Blair expressed… Continue reading The Great Hunger
Artificial intelligence
Two things are infinite: The universe and human stupidity; and I’m not sure about the universe.Albert Einstein Einstein’s genius was instrumental in the creation of the atomic bomb. When he became aware that his ideas were being used to develop the bomb, he warned FDR of the potential consequences[1]The Making of the Atomic Bomb. Einstein… Continue reading Artificial intelligence
The British genocide
Genocide: the deliberate killing of a large group of people, especially those of a particular nation or ethnic group. Oxford English Dictionary I was in the Republic of Georgia in the months preceding Russia’s invasion in 2008. The international intelligence agencies had been warning the Georgian President Mikheil Saakashvili not to succumb to Russian provocation.… Continue reading The British genocide
The UN is past its sell by date
After Ban Ki-moon, the outgoing Secretary General of the United Nations announced that he was standing for Korea’s presidency, based on his performance at the UN, I wrote an article giving prospective voters an insight into the reality of that performance[1]UNacceptable. Nothing to do with the article, but he stood down pretty soon afterwards. The… Continue reading The UN is past its sell by date
Why America lost the war in Afghanistan
When you throw money at a problem, you end up with an expensive problem. I spent four years on and off in Afghanistan. My first trip was as a technical advisor for the voters registration leading up to the 2009 presidential election. The existing voters register had failed all of the four primary tests as… Continue reading Why America lost the war in Afghanistan
The dependency ratio: it is changing governments
It’s impressive to see how the great minds of the 18th century understood today’s more pressing problems. In his opening chapters to the Wealth of Nations,[1]The Wealth of Nations Adam Smith explains in detail how the proportion of economically active people to those who are inactive is an important determinant in the wealth of a… Continue reading The dependency ratio: it is changing governments