It is quite extraordinary to watch what is happening publicly and to “see” what is really taking place. I have added today’s budget figures to the analysis of the last 10 years and produced the three graphs below. The June 2010 figures are labelled “2011″. What matters in the development of these budgets is: 1. [...]
Filed under: Credit creation, Government budgets, Government debt, National debt, Public debt, Sovereign debt | Tagged: budgets, interest payments, trends, UK | 4 Comments »
There is an excellent article written from the American perspective and experience entitled Repudiate this lie of a debt! I have elaborated on it here – with a 3-point action list for national governments.
Filed under: Government debt, Nation States, National debt, Public debt, Sovereign debt | Tagged: lies, national debts | Leave a Comment »
This video is a great way of illustrating the absurdity of debt-based economies in general and national debts in particular.
Filed under: Credit creation, Euro, Government debt, Greece, Money as Debt, Nation States, National debt, Public debt, Sovereign debt | Tagged: national debts, video | 1 Comment »
There’s a new kid on the block: The UK Economy’s Debt bombshell An interesting analysis, a good compilation of sources and data and an appeal to take personal responsibility. How the national debt bomb affects us as individuals varies. But it certainly affects us all as no politician will be able to change the current [...]
Filed under: Government debt, Money as Debt, National debt, Public debt, Sovereign debt | Tagged: national debt | 1 Comment »
