The Real Cost Of The Bailout?

Posted by admin on Sep 11, 2021 in credit crunch, recession, uk economy
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The BBC website has a 7 slide show relating to the costs of the bailout worldwide. If you are either:
a) interested in finance
b) wondering what the real cost of the bailouts are
or,
c) from the UK
be sure to spend 30 seconds of your day taking a look. See the slides here.
For months, the British public [...]

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Europe Really Is In Recession

Posted by admin on Feb 13, 2022 in credit crunch, depression, eurostat, eurozone, finances, recession
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Despite the credit crunch or crisis - depending upon your lexicon - politicians around the world have been clinging to anything positive and trying to avoid the word “recession” in any form.
Those brave souls that do use the word recession are playing it down in the hope that it will only last a few weeks. [...]

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Enron, Gordon Brown And Borrowing

Posted by admin on Feb 4, 2022 in Uncategorized, borrowing, credit crunch, gordon brown
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A recent reading of the December Esquire magazine grabbed my attention. The main investigative article – by Stephen Armstrong - in the edition looked at the role of the “NatWest 3” and Enron as it may – or may not – relate to the current market volatility. The article starts with the idea that the [...]

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