Interest rates close to zero, another £50bn of Sterling spewing from the presses, negative growth, public spending up by 8pc a year and tax receipts down 7pc – not the death throes of the Weimar Republic, but the state of the contemporary British economy. The announcement yesterday that Quantitative Easing would be expanded to £375bn is good news [...]
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By Elizabeth Shell Just in time for tax season: a tax receipt calculator that shows you how the U.S. federal government spends your taxes. It's easy to use: just enter your federal tax amount for 2010 and press 'calculate receipt.' ... Read Post
A week ago we showed a chart from Charles Gave which does a better job at explaining why the modern economic "science", in conjunction with the Fed's negative rate environment, have failed at their ultimate state growth, to stimulat... Read Post
Fresh from the Hellenic Statistical Authority: Youth unemployment up to the age of 24 reached a fresh record of 53.8pc in February. The rate for those aged 25-34 rose to 29.1pc. The total rate hit 21.7pc but will soon be much higher... Read Post