Tag Archive | Nigel Lawson
The UK’s latest Trade deficit figures are being lauded as positive news and the “best ever since 2003“. Now, when deficits get smaller it’s supposed to be good, right? In this case, wrong. It’s actually quite a bad sign, especially when you compare it to Germany which is in the supposedly hopeless Eurozone.
Currently the financial system is under pressure as it hasn’t felt for decades, and a lot of the blame is being laid on the culture of massive annual bonuses based on short term performance. It clearly cannot be right that a bank such as Lehman Brothers is now in Bankruptcy Protection mode just 9 months […]