Savers hate low interest rates. The rest of the economy cannot survive with anything else. This is why I think low interest rates are here
Read the full article…

QE is being much discussed. I anticipated this earlier this week and made this explanatory video:

Videos are back. Mark is feeling better. My sense of pessimism about the government’s response to the crisis that we face continues, however:

A rating agency thinks that the UK is out of control and that’s a reason for them to downgrade UK government debt. Right now the
Read the full article…

Some people say that words don’t matter. Others might say that playing around with them might not change much when we’re in a total mess.
Read the full article…

I recorded this yesterday. It’s a more political video than most I have done. But that’s because I am angry with the government. And I
Read the full article…

The Public Accounts Committee has published a new report on HM Revenue and Custom’s tax gap estimates this morning. As I will note  in a
Read the full article…

Businesses are going to fail in the coming months. And the reason is that they are going to run out of cash. It’s always the
Read the full article…

We face an economic crisis. What are the options available to us? I suggest that there is only one: