If UK government ministers were to be believed the cost of servicing UK government debt creates such a burden on its finances that austerity is
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Of the latest batch of new glossary items I have posted about this morning the most important for many readers of the blog may be
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The following items have been added to the glossary over the last couple of days: Offshore financial centre General anti-avoidance rule GDP per capita Fiscal
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I got this message from GB News in the last hour: The message was followed by a call. I made it clear to the producer
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I have posted three new items to the glossary this morning, all in time for tomorrow’s budget. They are on: Fiscal rules Fiscal choices Fiscal
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The FT has an article this morning with the following headline: The evidence is stark: After 2007 the UK’s economic wellbeing collapsed. Matters did get worse
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I published this glossary entry on money creation on Sunday. Does it work? Are there suggestions for improvements? Comments are welcome: In a fiat currency
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Groupthink is immensely powerful. As I noted yesterday: KPMG issued a clean audit report on the 31 December 2022 accounts of Silicon Valley Bank on
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It seems appropriate to share this entry on money that I posted to the glossary yesterday in light of the Silicon Valley Bank failure. SVB
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