Prince Philip Was the Godfather of Anglo-British Nationalism
Prince Philip pulled together TV, tabloids and monarchy. But that won’t work for younger generations – as Harry and Meghan know
Read more...Category Archives: UK
Why the Government Bonds Owned by the Bank of England Are Not a Debt Burden, Even When They’re Repaid
A short discussion of government bonds and what happens when a central bank holds them.
Read more...SoftBank-Funded Fintech Upstart Greensill Crashes, Carnage Ensues
Supply chain finance disuptor Greensill is undone by its own financial wizardry, putting at risk thousands of jobs in the UK, Australia and the EU. The timing could not be worse for already buckling supply chains.
Read more...Pointless Pain Is What We’re Enduring. And All for the Sake of Accepting That Money is Not a Constraint on Our Potential, and Never Will Be
Defitic hysteria, UK style, and why misunderstanding what government money is about persists.
Read more...Scandal-Splattered UK Outsourcing Giant, Serco, Sets Sights on the Ultimate Gravy Train: U.S. Defense Contracting
The company has been repeatedly caught falsifying records, at times on a gargantuan scale. Now it is seeking opportunities in an industry where money routinely disappears in the trillions. What could possibly go wrong?
Read more...The Bank of England Should Stop Broadcasting the Views of a Comfortable Financial Elite
A “put foot in mouth and chew” episode from Bank of England chief economist Andy Haldane.
Read more...Is There Really a Problem with Left Wing Extremism in the UK, or Is the Government Seeking Excuses to Suppress Fair Protest?
Governments on both sides of the pond are in “never let a crisis go to waste” mode. Aggression by the right is cause to stomp on a weak left.
Read more...Michael Hudson – Changes in Super Imperialism
Michael Hudson recaps his classic Super Imperalism and extends it to the 21st century struggle for dominance among the US, China, and Russia.
Read more...Negative Interest Rates Are Coming, but There Is No Chance That They Will Work
Negative interest rates: a bad idea that some central banks still can’t resist.
Read more...The Double Irony of the New UK-EU Trade Relationship
The Trade and Cooperation Agreement signed between the European Union and the United Kingdom goes against six decades of UK efforts to avoid being economically disadvantaged in Europe.
Read more...Brexit: Wheels Coming Off
Brexit pains are becoming more and more evident.
Read more...Let Them Eat Cake: COVID and Food Donations
The pandemic has reduced food security and hunger is widening. Food donations are often vulnerable to a Marie Antoinette mindset.
Read more...Cash in the Time of Covid: Down But Not Out
Physical cash should still have an important — albeit diminished — role to play in the economy of the future.
Read more...2021 Will Be Volatile
Richard Murphy’s 2021 forecast.
Read more...Quick Notes on the Brexit Deal
Brexit: an undertaking of great advantage, but nobody to know what it is.
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