Posts Tagged ‘uk budget deficit’

This past week the markets have been in turmoil and have fallen sharply with the FTSE down by 10% over the last week. And in my view that’s a good thing. You see, for too  long now the market has been going up (see chart below), it went from around 4500 in May 2009 to [...]

I often get very frustrated when I hear people talk of the banks and how they caused the credit crunch which caused the budget deficit which has caused the government to make serious cuts to public spending. Because the state of the government’s finances is nothing to do with the banks, it’s Gordon Brown’s fault. [...]