This is the global lending merry go-round as explained for the general public by two leading Australian economists, wisely employing a variation of the Socratic method. There is an answer to all this, you know, and it’s called ‘cuts’. I wonder if young Danny Alexander is up to the challenge. Ha! Fat chance. Remember John [...]
Archive for the ‘debt’ Category
Danny Alexander’s Challenge
Posted in debt, economy, humour, satire on 29/05/2010 | Leave a Comment »
Meanwhile, In Other News…
Posted in crisis, debt, economy, europe on 06/05/2010 | 4 Comments »
Dow crashes 1000 points in 15 minutes on Greek/EU debt crisis. Wall Street thought it was a computer malfunction. It wasn’t. Um… Source: CNBC
Winning The Argument
Posted in Brown, conservatives, crisis, debt, economy, general election, Labour, polls on 27/04/2010 | Leave a Comment »
It should not be seen as much of a coincidence that on the day Greek debt is downgraded to junk, a poll comes out that lends weight to the view that the Tories are winning the key argument in this general election campaign, the economic argument. The only game in town is Europe at the [...]
Let’s Talk About Debt
Posted in banking, Brown, brown. recession, bust, cameron, campaigning, conservatives, crash, debates, debt, economy, inflation, Labour, stagflation on 15/04/2010 | 4 Comments »
Who would have thought it? After years of denial Brown finally admits, sort of, responsibility for the banking collapse by deregulating them ‘in the nineties’, thus proving, incidentally, that the Tory banking regulatory checks and balances worked perfectly. If it ain’t broke, Brown fixes it. Now Britain’s broke.Speaking of which, I am hoping tonight that [...]
The World Wants Britain To Vote Tory
Posted in campaigning, cuts, debt, economy, general election, osborne, tax, waste on 09/04/2010 | Leave a Comment »
Read this and weep, Labour wreckers. The world expects a rational conclusion to the British general election, and that means kicking out this Labour government. Only idiots and socialists would fail to do that simple thing, and let the entire world down as a consequence. But idiots and socialists – they’re one in the same [...]
Byrne Wriggling
Posted in brown. recession, campaigning, debt, deficit, economic policy, economy, employment, Labour, overspending, tax on 01/04/2010 | Leave a Comment »
Liam Byrne, no stranger to the odd pork pie, told a whole tray-full of them a few minutes ago during his interview on Radio 4. In response to the serious damage caused to Darling’s tax-on-jobs NICS policy by 23 business leaders, who between them employ over 500,000 people, and who’ve come out in favour of [...]
Giant Redwood
Posted in campaigning, conservatives, debt, economy, general election, Labour, recession, redwood on 26/03/2010 | 2 Comments »
Thanks to Iain Dale’s heads-up, I’ve just seen what I think should and could be a politically game changing post by John Redwood on his blog. I say that because it made me realise, to my shame, that I’ve been as taken in by the Labour revisionist narrative on the economics of the Thatcher years [...]
Finally, Some Real Perspective On Darling’s Larceny Budget
Posted in Brown, budget, crisis, Darling, debt, economy, general election, Labour, lies, recession on 25/03/2010 | Leave a Comment »
Jeff Randall, as usual, has said precisely what needed to be said (ie: the truth) about the implications of Labour’s latest act of political violence against the country we somehow collectively permitted it to ruin once again. Now don’t get me wrong. I’m a grown-up (sort of) so I can take a bunch of socialist [...]
So When’s The Real Budget?
Posted in Brown, budget, cameron, Darling, debt, economy, Labour, recession, spending, tax, tories on 24/03/2010 | 2 Comments »
From what I’ve read so far, ‘trivial tinkering’ is about as generous a term I could think of to describe what is, beyond all question, the most inept and irresponsible response to Britain’s debt crisis that Labour could have managed, desperate as they are not to confront the consequences of Gordon Brown’s economic car crash [...]
Budget Bluster
Posted in 2010, brown. recession, budget, cuts, Darling, debt, deficit, Labour, tax, unemployment on 23/03/2010 | Leave a Comment »
What a load of laughable lightweight rhetoric. “I believe that government can make a difference,” whimpers Darling. Yes, mate. But not this one. Not your bust government. The whole tone of the thing makes me think that he’s decided to vote Tory himself, actually (on the sly), because then, in his confused mind, at least [...]
