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Category Archives: Economy
So here we are, double dip recession, slow growth, debt & deficit going up. Yes yes the rest of the world isn’t doing too great either, even China is slowing down… but we seem to be doing much worse. Why? … Continue reading
Our national debt is, give or take, around £1.1 TRILLION. We hear about the “markets” and how they lend money to the UK government to make up for shortfalls between tax revenue & public spending costs every year (the annual … Continue reading
Twitter can be a bit like the Wild West where people shoot from the hip at anything that moves before they ask questions. I came across the tweets below from someone with a large following (my emphasis): “… private companies … Continue reading
. Really? You may pay your taxes but that doesn’t always mean you are contributing to the national coffers. You may be a “burden on the State” to use an unattractive & emotive term. Bear in mind that some 60% … Continue reading
. It cannot have escaped people’s notice that China is getting stronger economically and may overtake the USA as the world No. 1 economic power in less than a decade. She already holds a huge stockpile of US bonds & … Continue reading