The article on BBC News ‘Occupy London – Protest continues for a second day’ on the anti-capitalist protest in London’s financial district is interesting.
The first point which springs to mind reading this is the ‘anti-capitalist’ nature of the protest. Is it really anti-capitalist, or is it the restricted and centralised control of resources, that is the problem? If we really had capitalism in the sense of free and open markets, I doubt we would have such drastic downtimes, deep unemployment and a demotivated community as more capital would flow freely in the market.
It is unfortunate that the previous estimate I made regarding how much money is available in the city in close-to-liquid form of £450bn seems to be inaccurate, as the estimate currently is about £500bn and in Wall Street it is around $3.7trn of capital that is essentially not circulating. However, [...]

Europe’s debt crisis is worsening, as noted in this recent Time article by Michael Schuman . We can see this reflected in the markets from the lack of mobility. We have countries that have not managed their affairs particularly well, such as Portugal or Greece, where they have created a high level of debt without nurturing their wealth creation sector. But equally, certain investment entities have made it their business to deal with bad debt situations and hence make considerable amounts of money out of the present circumstances.
The question is, as the debt crisis gets worse, what is the way forward? One option would be the break up of the Euro, which would see Europe becoming a series of separate states with separate borders and passports and currencies. Or Europe could go the other way and become one singular country. This unified Europe would have [...]

It is little wonder that banks are reluctant to offer credit to the citizen, to businesses or to each other when bearing in mind the level of debt that currently exists. Official estimates of the American debt currently sit at $10.6 Trillion Dollars. A boutique investment analyst in Moscow considers the US debt to be nearer $11 Trillion dollars. However, two well known US investment banks are far less optimistic and unofficially estimate the debt level to be $26 Trillion Dollars, in effect 250% of US GDP.
In the UK, informed sources place UK debt levels nearer £2.5 trillion pounds. By the way, the UK’s GDP stands at about £1.5 trillion pounds.
What debt are we talking about? – Housing debt, credit card debt and debt ridden financial instruments, such as derivatives, all of which undermine the confidence of the market.
What value is better [...]