The global quantitative easing (QE) programme has fuelled a commodities boom that has delivered banks a triple-whammy of profit …
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Positive Money Podcast Episode 3 – Peak Oil and its effects on the economy with Richard O' Rourke
In the third edition of the Positive Money Podcast I talk to Richard O' Rourke, a Director at the Association for the Study of Peak Oil and …
Greece – All Solutions Make it Worse?
Most of the talk in the news these days is about Greece: "Greece gripped by general strike over austerity package; Greece could run out of …
Three Home Truths
There are, I believe three economic home truths, all of which are being ignored by the present coalition government. The first is …
George Osborne to back 'ring-fencing' of retail banks
According to The Telegraph, Friday 17th June 2011, the Chancellor will give his public support to proposals from the Independent Commission …
It Is All in a Glass of Water
To understand how our economy works can seem to be very complicated, but if you visualise it as being a glass of water it becomes …
Spare a Thought for the Low Paid in Banks
It's not all bonuses and seven figure salaries in banks outside the City of London. FairPensions are running a campaign to pressure banks to …
No Way Out? The British Economy Is in Very Deep Trouble
It's not looking too good for the UK economy, according to Tullett Prebon Strategy Notes, 26th May 2011. They point to the huge debt burden …
Debt-driven Growth
The following is an extract from the highly recommended The Grip of Death by Michael Rowbotham. If you haven't read it already, you …