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Who is Beppe Grillo: Next Italian president?

Below are two videos of potential Italian president Beppe Grillo taken at a 1998 tour, and amazingly, ranting about evil bankers and politicians. (English subtitles begin around 1.48 seconds in)

Unlike he has been portrayed by the BBC, Grillo appears to be a very much clued up on the evil of debt, banks and politicians.

Even more so when you realize this was filmed 15 years ago.

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£90,000 Million Pension Black Hole.

The Bank of England's £375bn policy of quantitative easing has left companies having to find £90bn to fill pension fund deficits, MPs were told.

 As we have repeatedly warned, your pension is shot through and is likely never to pay out anywhere near what you expect.

So what are you doing about it?

 

When Money Dies.

We have touched upon the horrors covered, but if anybody wishes to know what the future may hold, When Money Dies and should be essential reading. It is a heart breaking account of individual stories of what actually occurred during the infamous Weimar Hyper Inflation.

 In the clip below, James Turk speaks with Adam Ferguson and covers some very hot topics.

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Econstories Christmas Album

Regular readers will recall the Keynes v Hayek rap, round one and round two.

In another hilarious ditty on economics (not exactly easy) the Econstories crowd have their latest fake Christmas album: Deck the Halls with Macro Folly.

Highlights include: "Oh GDP, Oh GDP" as well as tunes from Maltus, Keynes, Bastiat, and many many more:

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Abundance, dependence, bondage.

"A democracy cannot exist as a permanent form of government.......

Democracy can only exist until the voters discover that they can vote themselves largesse from the public treasury......

........From that moment on, the majority always votes for the candidates promising the most benefits from the public treasury with the result that a democracy always collapses over loose fiscal policy, always followed by a dictatorship............ The average age of the world's greatest civilizations has been 200 years.

Great nations rise and fall. The people go from bondage to spiritual truth, to great courage, from courage to liberty, from liberty to abundance, from abundance to selfishness, from selfishness to complacency, from complacency to apathy, from apathy to dependence, from dependence back again to bondage."

 
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