grinpinkdog
Richard MurphyInterest paid on government debt increases private wealth https://www.taxresearch.org.uk/Blog/2024/08/23/interest-paid-on-government-debt-increases-private-wealth/ Many on the political right-wing obsess about interest paid on government debt as if it disappears into some black hole. It doesn’t. It’s just interest paid on savings deposited with the government and there’s been nothing excessive about its overall cost of late.
The stock market is failing according to the CBI. So why don’t we just let it go?
I posted this on Twitter this morning: https://twitter.com/RichardJMurphy/status/1942861045426516103 My point is serious. The CBI is saying that the situation with regard to the UK stock exchange is getting desperate, because it is losing out to overseas markets and not attracting sufficient business. The question that needs to be asked is, why is that?...
ChuffMeister
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