The Chinese Economy

I am a sceptic on the Chinese economy. I think there is a lot of hidden bad debt and the Government could not tolerate a low or even negative growth rate as demonstrated in this article http://www.bbc.co.uk/news/business-18068430 If Governor Romney wins the US...

Today’s Blog

I could not disagree more with the Report written by the Cass Business School and National Association of Pension Funds mentioned in the following article...

Paying For Current Account Banking

There is no such thing as a free lunch. Andrew Baily is very out of touch if he thinks British consumers will pay for current account banking. The dismal rates of return and the opportunities banks have to sell to their customer base. If the banks state they cannot...

Today’s Blog

The following article is sad reading. http://www.moneymarketing.co.uk/investments/oecd-uk-heading-back-to-recession/1048984.article with oil prices up so much in percentage terms in the last few months most people’s disposable income has fallen. Talk of another...

Today’s Blog

I have such sympathy for the Spanish people having endured such high unemployment rates for so long. I really wonder if remaining in the Eurozone is worth the cost. Devaluation of a restored Spanish Pasator may be the medicine to alleviate the current problems. I read...

Today’s Blog

Even though the fall in inflation is to be welcomed it is still far too high. Poor savers have borne a lot of the brunt of the economic mismanagement of our economy in finding relatively safe investments which pay the same let alone exceed the inflation rate. I look...