Britain's political scene is sporadic, but one constant stayed through it all: skyrocketing national debt poor judgment in allocating public spending. Since 1988, national debt has gotten out of control, and now sits beyond GDP. Parliament's economic judgment have faltered post-Thatcherism, with successive prime ministers failing to replicat...
Still Want to Rejoin? - Read This If you want still to rejoin the EU, ask yourself after reading about nearly four decades of IMF economic data, how in the name of good judgement anyone might want to do that. For those four decades the EU has been a graveyard for UK GDP along with the r...
The general public has little idea of how much debt hangs over our heads. Today, Laura Perrins warns us that government borrowing is now equivalent to 99.2% of GDP (i.e. a whole year's worth of national economic activity); but that is only the tip of the iceberg, because it is only looking at public sector borrowing. Unlike the UK, where valuable f...
