Monday, 24 November 2008

If you owe the bank £1 million, you ARE  in trouble.

If you owe the bank £100,million the bank's in trouble.

If you owe the bank £1 trillion the NATIONS IN TROUBLE!

WELCOME TO SOCIALISM/MARXISM/FASCISM

AHA  THE BEGINNINGS OF THE PARADIGM SHIFT.



IN DEPTH

Darling unveils £20bn fiscal stimulus

Chancellor of the exchequer says fiscal loosening and big expansion in borrowing needed to help Britain cope with an unprecedented global crisis - Nov 24 2008

Pre-Budget report: Highlights of the chancellor’s speech

The outlook for the economy and taxation - Nov 24 2008

Related content and features

MULTIMEDIA

Osborne’s new economic strategy

George Osborne

Video: The shadow chancellor defends his judgment on curbing public spending

Pre-Budget report preview

Video: Chris Sanger

Video: Chris Sanger of Ernst & Young discusses possible tax changes in the pre-Budget report

UK risks a Japan-style recession

Jonathon Loynes

Video: Jonathan Loynes of Capital Economics says the UK economy is at risk of deflation and a prolonged downturn

How the UK downturn hurts

UK Downturn

How UK regions are coping with falling house prices, rising unemployment and corporate insolvencies

COMMENT AND ANALYSIS

Risky mini-Budget

The UK’s Labour government is taking a gamble on tax cuts to stimulate the economy. But it looks like the Tory gambit of opposing them is riskier

Why the Brown critics are wrong

Samuel Brittan

The pre-Budget report package is likely to be received with cries of ‘It won’t work’ by many City analysts. Samuel Brittanheads off some of their objections

Recession Britain: Grim down south

London and its surrounds will be hit harder than usual as the whole country feels the pain, but pockets of resilience are likely to exist in this post-industrial downturn

Britain will pay for Brown’s fiscal boost

Monetary policy is more powerful, more timely and far less troublesome to reverse than tax cuts and spending increases, says Nigel Lawson

Careless talk?

The UK’s Conservative party is right on sterling but its policy prescriptions have not matched the scale of the problems facing the country

Recession Britain: Darkness descends

After a week that brought the fastest shedding of labour the country has seen since the early 1990s, weaknesses exposed in the economy mean the road back will be a grind