Samuel Dale
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Blog Entries by Samuel Dale

100 Year Bonds Are Nothing More Than a Political Stunt

(0) Comments | Posted 19 March 2012 | (12:36)

Chancellor George Osborne doesn't have much to cheer about In the run up to his third Budget this week.

Borrowing has come in at £158bn higher than expected, the economy shrank in Q4 2011 and the Lib Dems are asserting themselves more strongly these days.

In the face of such...

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Has This Government Forgotten About the Sub-Prime Crisis?

(0) Comments | Posted 12 March 2012 | (16:19)

As Gordon Brown never tired of claiming, this financial crisis began in the US housing market.
So-called NINJAs loans were lent to US borrowers with no income, no job and no assets and formed the crux of a sub-prime crisis that floored the world economy.

The story of individuals...

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