Dear Correspondence & Enquiry Unit I found your letter to Mr X so interesting that I published it on http://publicdebts.org.uk As a mathematician and system analyst who used to diagnose high energy physics software at CERN, I trust my logic and analysis. Hence I would like to ask: 1. How much of the capital of [...]
Filed under: Uncategorized | Tagged: CERN, government debt, International Monetary Fund, national debt | Leave a Comment »
Getting letters from Officials is always interesting. This one is an anonymous response from public.enquiries AT hm-treasury.gov.uk and states: The National Debt is not owed by the public, but is owed by the Government. It is not Government policy to repay the national debt completely. Governments borrow in order to spread the capital of projects [...]
Filed under: Uncategorized | Tagged: Government, government debt, national debt, Policy | Leave a Comment »
This is a great article with an interesting string of comments, written by an entrepreneur who calls a spade a spade. It’s part of the remarkable work of The Cobden Centre which stands for honest money and social progress!!! I came across it thanks to Steve Baker MP who supports Douglas Carswell MP in his [...]
Filed under: Banks, Central Banks, Credit creation, Economics, Government budgets, Government debt, Money as Debt, National debt, Public debt, Sovereign debt | Tagged: Douglas Carswell, Douglas Carswell MP, national debt, Steve Baker | Leave a 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 »
This article in the Australian Daily Telegraph yesterday is nicely coincidental, as I have decided to publish this blog in English, having launched the equivalent in German in November 2009. After all, the Bank for International Settlements (BIS) in Basel, Switzerland, is the central bank of all central banks. Furthermore, the European Central Bank (ECB) [...]
Filed under: Central Banks, Nation States | Tagged: Basel Bank for International Settlements, Central Banks, government debt, national debt, public debt, sovereign debt | 2 Comments »
