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.

Civilisations Real Cost: UK Tax vs. The Private Market Price Tag

What Your Tax Really Buys: It’s Not a Bill, It’s a Bumper Policy! 🛡️Stop thinking of tax as a deduction—start seeing it as a collective insurance policy against life’s biggest expenses.

Reform Isn’t Trumpism: What Trotsky Can (and Can’t) Teach Us

Using Trotsky’s classic 1930s analysis of fascism, this post explains how modern UK politics compares to the US experience of Trumpism — and why Nigel Farage and Reform UK, despite sharing some populist themes, are not the British MAGA. A clear, evidence-linked look at inequality, class, media, trust, and identity shaping two democracies under similar pressures but radically different outcomes.

Trotsky Predicted Trump: What Trotsky Can (and Can’t) Teach Us.

Did Leon Trotsky accidentally predict Trumpism? In 1932, Trotsky described how fascism grows out of economic crisis, political paralysis, and a disillusioned middle class. When you compare that with late-20th and early-21st century America, the similarities are… uncomfortably recognisable. But the differences matter just as much. Here’s what Trotsky gets right — and where the comparison breaks down.

The Unhappy Masses: 19th Century Public Protests

Over the last few posts, we’ve looked at how the UK’s national debt has been shaped by empire-building and war. That naturally leads to another question: did ordinary people in the 19th century push back against any of this?
The short answer: yes—loudly, and often.