The Euro dominoes are lining up nicely
Over the last week the biggest story amongst the chattering classes was about Rupert Murdoch, his organisation, the people in it and sundry other actors in the unfolding drama. Meanwhile […]
Economics
Britain is broke and it is getting worse. More cuts needed
As regular readers will know the public or state sector of our economy is parasitic on the private sector, where all the wealth is generated. Not only that, the state […]
Just how doomed is the Euro?
So the European Union is considering the terms for lending Greece yet another massive tranche of money. The most that they can possibly succeed in doing is to delay the […]
Balls switches from the left to the right, overnight
Firstly a small recap. The last Labour governments, under Tony Blair and Gordon Brown, lost control of spending and in an unprecedented inept profligate splurge wasted hundreds of billions of […]
Are we about to experience runaway inflation?
So inflation remains at 4.5% (or 5.2% if you take retain price inflation), more than double the 2% target that the government is supposed to work to. Without drops in […]
What the BBC don’t tell you
So we all know that the UK economy is in an enormous hole that will take decades for us to dig ourselves out of. And we all know that this […]
Good stuff from George Osborne
It has been pointed out on here many times that all our wealth, ultimately, comes from the private sector making profits. Everything else is parasitic on this. So the easier […]
Europe rescues Portugal. Ha ha ha
So the rich countries in the Europe are once again riding to the rescue of a country that has behaved very badly. Portugal’s problems are structural, their economy is uncompetitive […]
Balls, cut off
You may have noticed how Ed Balls has become invisible recently, he has shut up and gone into hiding. And here’s why. Ed was a member of the last, totally […]
Petrol prices
The BBC is currently obsessing about petrol prices, they obviously see it as a way of having a go at George Osborne. So let’s look at what is behind this. […]
A great budget
The best budget, by a huge margin, for something like 14 years, and maybe much longer. A tour de force. With no manoeuvre room due to the immense economic hole […]
The upcoming budget
Thus far George Osborne has done an exemplary job, just about faultless. He has slowed down the vicious downwards spiral into oblivion which Labour had us engaged on to the […]