Firstly, happy New Year 2014. I took an extended break from blogging over Christmas. Firstly, because I was on holiday in Portugal. Secondly because in Portugal, I got knocked off my bike by a crazy dog. I just about managed to hobble home, then the next morning fell over my front door step causing grazes …
Recently a reader asked whether economic growth was increasing living standards and why economic growth was not leading to more leisure time in developed economies. – Is economic growth necessary? Not only is leisure time not increasing, but it is becoming more common for ‘special holidays’ to become just another retail day. In the US, …
M4 Definition M4 is a broad money supply measure. Briefly, M4 includes all notes and coins in circulation, deposits at banks and building societies, plus assets which are considered relatively liquid (short-term bonds, commercial paper) M4 growth is currently negative. M4 lending to private sector is currently 6.0% lower compared to past 12 month (July …
Readers Question: I watched the recent Channel 4 (I think) programme on the National Debt. In this Programme it gave an all inclusive figure of £4.8 Trillion. How can this be squared with the very much lower figures given on your site? I haven’t had chance to see Channel 4’s recent programme on National Debt. …
M4 is known as the ‘broad money supply’. It is a measure of notes and coins in circulation (M0) + bank accounts. This includes private-sector retail bank and building society deposits + Private-sector wholesale bank and building society deposits and Certificate of Deposit. The Bank of England produce figures on M4 growth. [link] Money supply …
Africa's Population Will Soar – Europe's Will CollapseWatch this video on YouTube A Huge Shift in Global Population is Coming – Africa To Overtake Europe. The world is going to change dramatically over the next 50 years. Currently, Africa has around 18% of the global population, but by the end of the century, this …
Do you remember when Covid led to empty shelves, panic buying of toilet paper and then when it all ended – a surge in inflation? It was only 3 years ago, though it feels longer. However, US stores could soon see looming shortages as 145% tariffs on China caused a sharp drop in US imports …
Why Local Councils Are Going BANKRUPTWatch this video on YouTube Rubbish piled up on the streets was one of the most evocative images of the 1970s. But the winter of discontent is back with Birmingham city council struggling to stave off bankruptcy. But, it’s not just Birmingham, the national audit office argue that a cumulative …