Why does the Structural Deficit remind me of LIBOR?


(I know this might sound rather boring but the facts are actually a bit incredible…) The London Interbank Offered Rate (LIBOR) is a benchmark interest rate used broadly all over the world and affects trillions of dollars of loans worldwide – mortgage … Continue reading

Is George Osborne the UK’s equivalent of tea-party hero Paul Ryan?


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Mitt Romney today announced Paul Ryan as his vice presidential running mate.   The global dominance of the US means that the candidates for this year’s presidential elections are of great importance for the rest of the world .. but … Continue reading