I know, I know. It is supposed to be about too much money chasing too few goods – but, more fundamentally, what is it about?…
System renewal. Challenging established notions. Reimagining our societies.
System renewal. Challenging established notions. Reimagining our societies.
Tag: Debt
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In ancient Mesopotamia, it was called a jubilee. When debts at interest grew too high to be repaid, the slate was wiped clean. Debts were…
For perfectly understandable reasons, public and media reactions to the surge in energy prices have concentrated almost exclusively on rises in the cost of domestic…
In last week’s budget, the Chancellor invoked orthodox financial thinking to argue that the national debt has to be reduced. Hence his logic for the…
On Monday January 11, we kick off our 2021 webinars with a discussion on whether a rise in taxes will be inevitable to pay off…
There is another side to the whole covid disaster that, perhaps for obvious reasons, nobody is talking about. Still, I have clearly begun to specialise…
The fiscal and monetary actions taken around the globe to tackle the COVID pandemic and protect the economy are eye-watering: equivalent according the IMF of…
The eponymous estate of Mansfield Park; the stately home of Jane Austen’s great novel, was paid for from the proceeds of a Caribbean slave plantation….
This article first appeared in the Times of Malta. It has been reported that Germany and France are considering offering Turkey a ‘financial lifeline.’ Well,…
The Wall Street Journal reports ($) that Germany and France are considering offering Turkey a ‘financial lifeline.’ Well, what a surprise. What this means, of course, is…
That’s a big number. Probably too big for anyone to comprehend. It’s more than three times global GDP. And it’s the amount of outstanding global…