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Latest Blog Posts
UK Debt Interest Payments Threaten Budget
It’s a week before the Budget, but UK debt just passed £3 trillion, on the same morning as inflation jumped to 3.5%. It creates a real headache for the Chancellor, but ironically, annual borrowing is falling (very marginally). The government borrowed £4.4 billion less than it did for the same period last year. Even debt…
Which Country Will Go Bust First?
Which G7 country will go bankrupt first? It won’t be the one with the most debt. Japan might owe 199% of GDP but it still borrows more cheaply than anyone. France owes 118% and pays more than Italy, Spain or Greece. Eliminating five Japan has government debt of 199% of GDP, the highest in the…
Britain Has 40 Days of Diesel Left
Diesel has passed £2 a litre in Britain for the first time. In February it was £1.41. It is not because the world ran out of oil. Tankers are moving through the Strait of Hormuz again, Gulf exports are back close to pre-war levels, and Brent crude is around $102 a barrel. Crude has partially…
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Books by Tejvan Pettinger
An easy to read an overview of economics. ‘Cracking Economics’ gives explanations of main topics with images and diagrams to bring economics to life.
The book is aimed at anyone with a general interest in economics but would like a better understanding. Available in hardback at major bookshops and online. Read More
Economics without the Boring bits
An Enlightening Guide to the Dismal Science – published by Wellbeck.
It includes topics such as common economic fallacies, middlemen, recycling, debt, finance, trade, money, taxation and why some people get rich and others don’t.