Government Debt Solved: Why Not Just Cancel the Debt We Owe to Ourselves?

Every so often a big, tempting question reappears in public debate:

“If the Bank of England owns 30% of UK government debt, isn’t that basically the government owing money to itself?
So why not just cancel it and instantly shrink the national debt?”

On the surface, it sounds beautifully simple., so why doesnt the Government do it?

Those Damn Bourgeoisies — Wait, Which Ones Do We Mean?

Turns out there are numerous definitions of the Marxists favourite enemy “the Bourgoisue” – so before you start preparing your revolution lets have a look at what the differences are.

Business Budget Warnings: Whether they get it right or wrong

Businesses often issue strong warnings when governments introduce new Budgets, taxes or regulations. Some predictions prove accurate. Others fade quickly or are shown to be exaggerated.

I’m going to compare some major examples where businesses warned of economic damage, identifying when they were right, when they were wrong, and which political party was responsible for the Budget or policy.

Computer Says ####: Why you should never Trust A Computer

AI and ML are great tools, they are not Experts. You need to validate what they tell you. a story of how my last blog post could have told a totally different story if I had not sense checked it and validated the calculations the computer did.