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RSSMix.com Mix ID 8249793:The Fed’s change of direction will only fuel America’s growing debt problem on BenGummer.net Despite GDP growth of 3%, the US economy is still built on consumer borrowing, and higher interest rates would force millions into dangerous debtThe moment was hugely significant and yet so heavily flagged that it passed without a […]

RSSMix.com Mix ID 8249793:UK debt crisis and the onward march of neoliberalism | Letters on BenGummer.net Quantitative easing allowed the wealthy to get out of cash and into assets, writes Martin London; the provisionally passed Ceta deal is TTIP by the back door, says John Airs. Plus letters by David Dodd and Paul NicolsonThe debt […]

RSSMix.com Mix ID 8249793: Bank of England’s talk of rate rise while winding down QE beggars belief | Phillip Inman on BenGummer.net MPC members do themselves little credit, as withdrawing the only stimulant that still works at this time would be negligent Michael Saunders surprised many when he voted in June for the Bank of […]

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