“Out of intense complexities, intense simplicities emerge”. W. S. Churchill. Imagine that you personally own, outright, Britain’s largest bank, and you are legally entitled to put any credit figure you choose in your own account. Would you really go out and actually borrow any money from anyone? Of course not. But, you are aware that …
Tag Archives: national debt
4. “Who’s afraid of the Big Bad National Debt?” The reality of deficit and debt.
We hear TV news, the papers, and politicians bleating on about “the National Debt” and “The Budget Deficit” a lot, don’t we? And, as we all know what it’s like to have debts to pay, we worry about it. We think, “how is the country going to pay for…..?” “Our children will be burdened with …
Continue reading “4. “Who’s afraid of the Big Bad National Debt?” The reality of deficit and debt.”
the pound in your pocket 