Monthly Archives: August 2012

Great seeing GB in the Olympics

I’ve fallen for the London 2012 Olympics. I know I’m biased because I’m an indirect beneficiary – I work in Newham. Even so, I supported Ken’s initiative to use the Olympics to regenerate east London. Unfortunately, it was one big … Continue reading

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Sub-prime – not the problem

Another nonsense is how sub-prime caused the recession. This idea simply does not add up. It seems that way because politicians, the financial sector and the media tell us and also some of the first financial products to default was … Continue reading

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Quantitative Easing: what it is and why it’s not working

Sunday, 7 February 2010 Will £220bn worth of Quantitative Easing (QE) stimulate growth in the UK economy? The Bank of England would like to stimulate the economy, but I don’t believe that is QE’s real purpose. What it was meant … Continue reading

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UK facing a long depression

September 2008 Ten-year growth based on borrowing not productivity UK manufacturing sector is weak A BBC report says economic storms facing UK people will be worse than previously admitted says Treasury Secretary Alistair Darling. His 30 August 2008 admission contradicted … Continue reading

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