Thursday 4 December 2014


All graphs from the Financial Times - 3 December 2014.

The above graph shows that, in the UK, people are borrowing more and more money.

Most people are worse off than they were before 2008.

The so-called growth of the UK economy is based largely on borrowed money.

The UK government is also borrowing too much money.

The above graph shows that the UK is not doing well in terms of exports.

In the UK, tax revenues have been falling.

Less money is coming in by way of income tax.

#CameronMustGo viral on Twitter.

Margaret Thatcher made the big mistake of thinking that the Banks and Financial Service Industries were all that were needed to make Britain prosper.

Thatcher privatised the railways and the energy industry.

A recent poll published in The Times showed that a majority of the British want the Railways and the Energy Companies to be nationalised.

Inequality is the main problem.

The rich elite have too much money. The ordinary citizens have too little.

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At 4 December 2014 at 05:23 , Blogger rubbell said...

The London based economy has always acted like a concrete wall to keep out outsiders. There are more class outsiders and of course it looks worse as they share the same limited rations as in less crowded times. At this later date ln life, I comment from the point of view of having found a way to drill a small hole in the concrete wall, say the width of a drinking straw. There is plenty to eat and drink but all your neighbours are obscene.

At 4 December 2014 at 06:08 , Anonymous Anonymous said...

Because of compound interest, poor people become more impoverished, and the super-rich become enriched. Money flows upwards from the poor to the super-rich. It is an inevitable consequence of money issued as debt and compound interest.

At 4 December 2014 at 10:32 , Anonymous Anonymous said...

Professor Margrit Kennedy discusses compound interest

At 4 December 2014 at 14:51 , Anonymous Anonymous said...

Not a word about "Money Creation and Society" backbenchers' debate HoC 20 November 2014. Did YOUR MP attend?

Are Positive Money gatekeeping or just something else?
Same for UK "Bradbury" Column and their associates.


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