You are welcome to ask any questions on Economics. Though you might also like to try google custom search (top right) to see if the topic has been covered before.
I am looking to explain economic principles / ideas/ recent developments in economics. I can’t promise to answer, but will try if it meets the criteria below.
- Please don’t ask me to do your coursework / assignment e.t.c. (I can usually tell if it is a homework question!)
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- I aim to try and simplify economics; as a rough guide I would aim at an understanding similar to a good British A Level student.
- I am looking to explain economic principles / ideas/ recent developments in economics.
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One question begs another. While we might not be worried too much about the very large External Debt we still have to pay the interest on that so where does that show up on the accounting sheets. If we are worried about the deficit because of the interest we pay on the National Debt we should be even more worried about the interest on the External Debt.
With reference to my previous question re reason why the larger external debt is not as serious as the smaller national debt, your comment:
“Public Sector Net Debt increased significantly with governments taking shares in major banks like Northern Rock and RBS. However, due to accounting rules the assets of RBS were not used to offset liabilities of RBS”.
Seems to to take the opposite view in the above case.
Is the reason that we don’t seem to be concerned about the UK External Debt of over £6 trillion compared to the National Debt of approx £1.4 trillion that the former is covered by assets whereas the latter is not?
How did the sub-prime crisis affect the foreign exchange market? bond market? Stock market?
This is an article I wrote a while back http://econ.economicshelp.org/2008/10/financial-economic-crisis-explained.html
How has the banking crisis and current sovereign debt crisis had an impact on the relationship between the financial markets & real economy.?
If a country A issue money to buy asset from a country B, how to control the country A to issue money?
China property was $1,000/m2 and then changed to $$20,000/m2,then China will become a rich country! how to control ?