Via Bank of England’s money printing is putting UK economy at risk – Telegraph: In its annual report, the Swiss-based Bank for International Settlements (BIS) warned that artificially low rates and inflated asset prices could also be holding back growth by masking lenders’ bad debts and deterring them from cleaning […]
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Government urged to reveal ‘true’ national debt of £4.8 trillion – Telegraph
Via Government urged to reveal ‘true’ national debt of £4.8 trillion – Telegraph: The Institute of Economic Affairs (IEA) has calculated that the national debt is £4.8 trillion once state and public sector pension liabilities are included, or £78,000 for every person in the UK. The IEA raised its concerns after […]
Read MoreThe future of public debt: prospects and implications
Via the Cobden Centre, a report from the Bank for International Settlements on public debt. Since the start of the financial crisis, industrial country public debt levels have increased dramatically. And they are set to continue rising for the foreseeable future. A number of countries face the prospect of large […]
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