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- Headland commented Jul 6, 2023
Well, Uk Chancellor Hunt said recession was a price worth paying to control inflation or words to that effect...anyone remember Uk Chancellor Lamont in early 90's with his 'Je ne regret rien' words? re recession, and look what happened to him, lol!
UK construction output falls for first time in five months amid steep downturn in housing activity
- Headland commented May 24, 2023
The trouble with deficit spending is that the economy never grows sufficiently to service the new part of the debt, (it just get serviced/rolled over - never repaid,) so ultimately debt as a % of gdp and more importantly govt revenue (that pays for ...
On-and-Off-and-On-Again Progress Toward a U.S. Debt Ceiling Agreement
- Headland commented Sep 24, 2022
Continuing from RossEdwards's comments in his post above, Simply put: Hayek -vs- Keynsian economics has been the great debate since the abandonment of what was called the 'post-war consensus of full employment. Hayek economics relies on unemployment ...
Pound sinks as investors question huge tax cuts
- Headland commented Sep 24, 2022
Excellent post. Trickledown economics doesn't work. Wealth trickles up not down, and this is proven since the strict Hayek inspired monetarist policies of Reagan and Thatcher began in earnest in the early 1980's. This orthodoxy was accepted in large ...
Pound sinks as investors question huge tax cuts
- Headland commented Jul 8, 2022
Au contraire,! I have said in this thread that populists tend to be narcissistic sociopaths to one degree or another, and this is the central feature of populists, so indeed I have defined this central feature of what a populist tends to be. You can ...
Boris Johnson Plans To Resign As British Prime Minister
- Headland commented Jul 7, 2022
I completely know the difference between populists and free-thinkers and thank god we have free thinkers, because if a populist takes power and is allowed to exercise that power at will - free-thinking gets cracked down on as does the free ...
Boris Johnson Plans To Resign As British Prime Minister
- Headland commented Jul 7, 2022
If it is my post you are referring to; I had very little problem with his policy ideas. Whilst I was not a fan of brexit I accepted it as the will of the majority and hoped we could make a good job of it but his other policy positions like leveling ...
Boris Johnson Plans To Resign As British Prime Minister
- Headland commented Jul 7, 2022
Populism never ends well in any democracy. It either gets booted out, like Boris or in less 'mature' democracies it leads to authoritarianism and then that never ends well either. It revolves around the narcissistic sociopathic character traits of ...
Boris Johnson Plans To Resign As British Prime Minister
- Headland commented Jun 14, 2022
Uk is @ so called 'full employment' on the new 'post industrial' measure of that, ie more job vacancies than registered un-employed. Used to be everyone had a job was the measure lol! This new measure takes no account of the 'skills gap' so is ...
Labour market overview, UK: June 2022
- Headland commented Oct 8, 2021
Almost certainly very unreliable but they give the general flavour/provide the mood music to what is going on.
Comments on September US Employment Report
- Headland commented May 27, 2021
If they can find anyone to take them! - re labour market participation data.
US Job Market Slack Will Persist Until Late 2022
- Headland commented Feb 18, 2021
The whole 'ango-saxon' capitalist model is broken, and it will be like looking for the last helicopter out of Saigon when the shit really hits the fan. We are in the dying days of corrupted fiat economies and western societies that are propped up by ...
Subzero Rates Are Coming to the US and the UK
- Headland commented Jan 8, 2021
The best thing you can do to combat this classic sociopath is deprive him of the oxygen of publicity.
Twitter permanently suspends Trump's account, cites "incitement of violence" risk
- Headland commented Jan 8, 2021
fantastic, I hope they broke her.
Dominion sues Sidney Powell for defamation, seeking $1.3 billion in damages
- Headland commented Jan 7, 2021
The GOP finds itself in a terrible bind now all of it's own spineless making. The best thing they could do for their long term survival now is 'grow a pair' and invoke the 25th but they will likely not do that because they are scared to alienate the ...
Top White House officials consider resigning led by O'Brien -BBG
- Headland commented Jan 7, 2021
Although the great 'american dream' died long ago starting with the Vietnam war, Nixon and 'reagonomics,' what we witnessed in Washington yesterday may well turn out to be the start of the break up of the U.s as we have known it. Truth is the ...
Top White House officials consider resigning led by O'Brien -BBG
- Headland commented Nov 25, 2020
..Britain is spending money it doesn't have like a man with no arms...We are borrowing more - that's what 40 years of so called hayek economics/moneterism/reaganomics/thatcherism/coming off the gold standard does for you - debt to gdp at crazy ...
After borrowing surge, Sunak to announce more spending
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