Thursday, July 23, 2015

How many understand Greece as the tragedy of interest based lending as opposed to equity investing?

How many understand Greece as the tragedy of interest based lending as opposed to equity investing?
In Islam The Quran prohibits lending with interest, in fact in Surah AlBaqarah Allah and His Rasul declare war on the practitioners of riba.
Riba is usury and it is not about excessive interest, it is about interest in any lending and a debt which is never forgiven to those unable to pay.

Sunday, July 12, 2015

LESSONS ON GREECE

LESSONS ON GREECE

I) IS IT POSSIBLE FOR GREECE TO EXIT EURO AND PRINT ITS OWN CURRENCY?
Based on the article here
and the belief of many commentators it may be the only option open to Greece
Let’s dismiss certain myths about money. Money is not pegged to gold. Money is not scarce that Greece have to beg or borrow from other countries. It is perfectly possible for Greece to ignore current monies, exit Euro and print new currency.
Yes they may make it tough on Greece but if we digest the thrust of the article above, the European banks imposed additional loans on Greece not to save Greece but to save their own banks.

Monday, July 6, 2015

Dear Greece

Dear Greece

Kudos to you we just learnt you said no to the banksters. Allow me to suggest a path your nation might take. Do not negotiate with the Euro banksters, exit the den of thieves. Issue a new currency. But you have to be prepared and be resolute the banksters might use big bully Uncle Sam against you. Time to make new friends. How does GBRICS sound?