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Unless you’ve been hiding in a cave for the last eight years, you’d surely find it impossible to avoid the conclusion that our political and economic rulers are taking us
We live in a world of major threats. Growing inequality and austerity; government for bankers, by bankers; the march towards catastrophic climate change and resource depletion. And then there’s the backdrop of
Read MorePsychopath Economics: Should we attack the system to save ourselves?
So Saturday’s anti-austerity marches in London and Glasgow were just the latest of a continuing campaign. Labour leadership hopeful Jeremy Corbyn and comedian-come-revolutionary Russell Brand addressed the assembled hordes in
Read MoreMarching won’t beat austerity, but a debt rebellion might
It’s barely two weeks since the Greeks elected an anti-austerity government, but the dominant economic and political establishment is looking to quietly dissipate its energy and dynamism so it can
In a move that surprised absolutely no one, the Bank of England has announced today that its base rate is staying at 0.5%. This follows the nine-man Monetary Policy Committee’s
UK interest rates look set to stay at their historically low level, thanks to worse-than-expected growth figures released yesterday by the Office for National Statistics. While chancellor George Osborne was
Read MoreWeak, unbalanced recovery gives hard-pressed homeowners interest rate reprieve
We are constantly being bombarded with nonsense about why the poor are poor, and why the rich are rich. London’s buffoon-in-mayoral-residence, Boris Johnson, and his speech last year on why
The risk of the UK suffering another property crash within two years are rising. Which might seem ironic given that mortgage lending and house prices are rising the moment, particularly
Read MoreThinking of selling your house? I’d do it now if I were you…
A short history of debt, and how history seems to be repeating.
We don’t live in a capitalist society any more. In fact, we haven’t lived in one for a good few years. The casual observer might hope the current economic malaise