Historic debt level

Doom and gloom? The Organisation for Economic Co-operation and Development, (OECD), has warned that the effects of the pandemic will be far reaching and will likely hit the UK harder than other comparable major economies. As the OECD reports of a very slow and difficult recovery for the UK, weRead More →

World Bank Debt Worry

Last week the Washington based World Bank published its bi-annual Global Economic Prospectus. Debt accumulation They point out that over the last 50 years the world has seen 4 waves of debt accumulation and that the latest one, which started in 2010 was ‘’the largest, fastest and most broad-based increase’’Read More →