Many people in the UK are alarmed at the rate of increase in state debt. We are worried because we fear that we will be responsible for paying the interest and repaying the capital one day. We do not want the state to 0verextend us, at the very time when the private sector has… Continuă lectura As a voter in a democracy, am I responsible for the debts of the state?
Autor: John Redwood
Savers mugged by EU in Cyprus – no surprise there then
Heavily indebted governments regularly pillage the money of savers. The reason is simple. Savers have spare money and governments don’t. So many governments want to live well beyond the means of their taxpayers. Some rob savers by inflation, eroding the value of their savings. Some do it by special savings taxes. Some do it by… Continuă lectura Savers mugged by EU in Cyprus – no surprise there then
