Category Archives: economics

What’s yours, is theirs

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Work and life having calmed down again for a little bit, there’s so much to catch up on, so with a bit of luck and a few pints expect a bit of a blog frenzy (may as well enjoy it whilst I can – but that’s for another post). The wheels continue to fall off the glorious EU project with Cyprus first saying they’re going to raid people savings, this turned out to be unpopular so their MPs voted against it, but despite that Cypriots are still limited in how much of their own cash they can with draw from … Continue reading →

Hiding the decline

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Sorry if I’ve misled you but I’m afraid I’m not talking about climate change, but about the equally false problem with alcohol consumption. As Leg Iron and others often observe the puritans and statists only have one play book, everything they do follows the same strategy. So it is with the current panic over drinking, as the protests against alcohol controls rise and look like derailing the project along comes a handy study that shows the problem really is as bad as the puritans claim it’s just we’ve all been “lying about how much we drink”. It seems that according … Continue reading →

A- for George

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Many people far more knowledgeable than me have commented on the recent downgrading of the UK’s credit rating from AAA to AA1 – this however is not going to stop me adding my tuppenth worth. It’s just one agency but it is a warning shot across the bows the policy being pursued by the current Government isn’t working, we’re borrowing more and there’s no growth- this is not how you reduce dept. The only way anyone reduces debt is to spend less and stop borrowing, apparently this does in fact also apply to Governments despite what various pundits have claimed … Continue reading →