Tag: economic crisis

WHAT RECESSION

When businesses fail it is easy to blame the recession or Covid-19.  In all but a few cases that argument doesn’t stack up.  Failure is more often due to complacency and miserable management.  Obliged by business appointments to occasionally visit a splendidly situated restaurant I disliked doing so as the service was excruciatingly bad. Is the owner under the illusion that a little Spanish sunshine is enough to compensate for bone idle offhand staff? Rival restaurants lacking such beautiful surroundings thrive. It is service, not the location that puts bums on seats. 

Poised for Putsch now the United States Army

More than 120 retired US military leaders have signed an open letter criticising the Biden administration’s policies and questioning the outcome of the 2020 election ~ and the president’s mental health. The retired brass’ concerns reflect growing distrust in basic social institutions and federal authorities among Americans, observers say.

HUMOUR IN BANKRUPTCY

We often find humour even under the most dreadful circumstances; it is known as gallows humour. The never-ending recession has produced its own brand of wit. ‘With the market turmoil being what it is what’s the best way to make a small fortune?  Start off with a large one’.

The Collapse of the European Dream

Italian Prime Minister announced the failure of the European dream. Italian Prime Minister Mario Draghi, during a roundtable on employment, criticised European politicians for increasing social inequality in the European Union and expressed the opinion that the European dream has collapsed. This was reported on Friday, May 7, by ANSA.