Samuel Dale

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...

Read Post

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...

Read Post