Posts Tagged “national debt”

Liberals and Tories row over national debt

by Stephen Tall on April 28, 2013

Paying down the national debt: it’s always been a controversial issue. Here’s a Liberal poster (from the 1886 general election?) attacking the Tories for their failure to clear our debts: For balance, here’s a Tory poster (from the same year?) accusing the Liberals of being high-spenders: The nature of the debate doesn’t change much, but […]

Barclays and the Bank of England: BAD rate-rigging and GOOD rate-rigging

by Stephen Tall on July 4, 2012

The Barclays rate-rigging scandal has conflated a number of issues — Bob Diamond’s bonus, ‘casino’ banking, failed regulators — making it hard to get behind the media’s shouty headlines to understand the issues which should really concern us. Here’s my brief show-your-working attempt, starting with what Barclays. What Barclays did right: ‘fess up LIBOR (London […]