Interest rates are not going to be cut just because of a “soft landing.” They will only be cut because the economy is in crisis.
Read More »Politics meets economic uncertainty
We can expect the establishment media to talk up any and every fragment of positive economic news, while wilfully ignoring the negative, right up until the last vote has been counted.
Read More »Too big to comprehend
Unlike the 1980s, when the UK had several advantages to grow its way out of the self-harm of the early-1980s, this time around Britain has only disadvantages.
Read More »That’s not it
Why, given that it is likely that whatever oil and gas there is west of Shetland is going to stay in the ground, should investors have any interest?
Read More »It doesn’t really work like that
The reason you’re eating out of a foodbank is because the Green-Industrial Complex ate your lunch.
Read More »But profit (sort of) matters
Within a financial frame, then, profit can – and often is (sometimes reasonably) – equated with greed... ). In a deeper sense, however, profit provides an – albeit inaccurate – measure of viability.
Read More »The myth of redundancy
A complex civilisation is like a soufflé. It is either growing or collapsing. There is no steady state.
Read More »Reverse Laffer
Far from raising the income the government claims it needs the additional taxes will force hundreds of businesses into insolvency.
Read More »Embracing the collapse
This was – and is – the fundamental flaw in neoliberalism, and we are about to witness it bringing the house down.
Read More »London’s falling
London is displaying all of the symptoms of decline which were so obvious in places like Blackpool a generation ago.
Read More »