Gold prices confirm upward trend
Gold has broken through the $1,250 per troy ounce position leaving some investors scratching their head as to why the precious metal should be performing so well when just a few years ago gold was seen...
View ArticleWhat the Europeans should commission
The past week has been an eventful one for economic news, although some of that news has been buried – for instance, the revelation that UK consumers have cut back on their pace of saving this year in...
View ArticleThe Rally Against Debt
In a move being heralded by its organisers as a mobilisation of the ‘quiet majority’, a new pro-government cuts group called ‘Rally Against Debt’ is planning a demonstration in London on the 14th May...
View ArticleThe debt tanker is proving hard to turn
Although the figures are largely what the government (and others) expected, the latest ONS figures on the public sector finances show just how hard it is to change the course of this huge ship of debt....
View ArticleGovernment set to overshoot OBR borrowing forecast
The latest ONS figures on Public Sector Net Borrowing for the year indicate that the government is likely to overshoot the Office for Budget Responsibility’s forecast by over £10 billion. This is...
View ArticleUK deficit slowly coming under control
Looking at the deficit for this year you can see that it is not increasing at quite as fast a rate as it did last year. The latest data from the Office for National Statistics (ONS) indicates that at...
View ArticleMy First Encounter with Air Force One
It was a regular flight for me to Miami…a late Saturday afternoon two weeks ago. As our flight approached Miami International Airport, the captain announced we would soon be starting our descent. Then...
View ArticleBurning Money at the Rate of $113 Billion a Month; How Can They Stop Printing?
In the month of November, the U.S. government registered a budget deficit of $135 billion. Over the course of the month, it spent $318 billion and only took in $182 billion. So far for the fiscal year...
View ArticleWhy Fed’s Change of Plans Doesn’t Mean a Change in the Stock Market
Is it an early Christmas present or a really early April Fools’ Day trick? In a somewhat surprise move, the Federal Reserve decided the U.S. economy was doing well enough that it could start to cut...
View ArticleUK Unemployment Rate Falls Putting Pressure on the Bank of England
The UK unemployment rate for September to November 2013 fell to 7.1 percent, half a percent lower than that of June to August reports the Office for national Statistics (ONS). The time now is...
View ArticleReducing UK’s national debt for 2014 should be priority, says CISI survey
Reducing the UK’s national debt should be Chancellor George Osborne’s priority in 2014, according to a survey carried out by the CISI (Chartered Institute for Securities and Investment). Of 490...
View ArticleTaxpayers’ Alliance Debt Clock Is Re-Launched And It Should Scare You
The Taxpayers’ Alliance (TPA) re-launched its Debt Clock yesterday and it is a stark reminder of the urgent need to address the UK’s national debt crisis. The Debt Clock can be found at...
View ArticleUK borrowing slows slightly
Between April and November the UK public sector net borrowing (excluding public sector banks – PSNB ex) was £75.8 billion, which is a decrease of £0.5 billion compared to the same period last year....
View ArticleUK national debt pile gets ever higher
National debt increases to £1,536.4 billion, that's equal to 80.5 percent of GDP Compared with November 2014, UK public sector net debt (excluding public sector banks) increased by a further £71.9...
View ArticleWhy do we have so much personal debt in the UK? How to keep on top of yours
The UK national debt is rising by more than £5,100 per second, adding to the huge total of – at the time of writing – £1,658,000,000,000. The debt is at least £26 per person and £45 per taxpayer though...
View ArticleThe debt tanker is proving hard to turn
Although the figures are largely what the government (and others) expected, the latest ONS figures on the public sector finances show just how hard it is to change the course of this huge ship of debt....
View ArticleGovernment set to overshoot OBR borrowing forecast
The latest ONS figures on Public Sector Net Borrowing for the year indicate that the government is likely to overshoot the Office for Budget Responsibility’s forecast by over £10 billion. This is...
View ArticleUK deficit slowly coming under control
Looking at the deficit for this year you can see that it is not increasing at quite as fast a rate as it did last year. The latest data from the Office for National Statistics (ONS) indicates that at...
View ArticleMy First Encounter with Air Force One
It was a regular flight for me to Miami…a late Saturday afternoon two weeks ago. As our flight approached Miami International Airport, the captain announced we would soon be starting our descent. Then...
View ArticleBurning Money at the Rate of $113 Billion a Month; How Can They Stop Printing?
In the month of November, the U.S. government registered a budget deficit of $135 billion. Over the course of the month, it spent $318 billion and only took in $182 billion. So far for the fiscal year...
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