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GOLD IN IRAQI KURDISTAN
Published on 2012-02-21 12:48:13
The Kurdish people have traditions in buying and using gold that are the same as the Indians of the sub-continent: the yellow metal forms an integral part of their marriage customs. Last year about 17 tons of gold were imported into Kurdistan, according to the Directorate for the quality control of gold in the Kurdistan [...]
THE MORAL PERCEPTION OF OTHER PEOPLE’S INCOMES
Published on 2012-02-20 12:54:55
The continuing furore over bankers’ pay led to the recent decision by Stephen Hester, the Chief Executive of the Royal Bank of Scotland, to forgo his contracted bonus, worth just under £1 million. Wayne Rooney, the popular footballer, earns that in five weeks. Top executive pay in the banks hovers around £1.2 – £1.35 million; these [...]
WHEN DEBT’S CALLED CREDIT (3)
Published on 2012-02-17 17:32:49
We continue to examine the folly of the modern mortgage, following our previous discussions on Golcoin.org in When Debt’s called Credit and When Debts called Credit 2. There are many reasons why members of what we ought to call the pseudo-propertied classes might need to sell the houses on which they are paying a mortgage, even [...]
