Matt @MattCartoonist on #OBR #Borrowing @Telegraph – political cartoon gallery in London original-political-cartoon.com
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**Why governments are 'addicted' to debt. FT Film**
“_This film examines what some are calling the biggest issue in global finance today, the role of the 'bond vigilantes', and whether government borrowing could spiral out of control._”
#Video length: twenty-nine minutes and fifty-nine seconds.
https://www.youtube.com/watch?v=n1jhoU9Mp_U
#FT #FinancialTimes #Film #Markets #Debt #Borrowing #Bonds #Trading #Investment #Finance #BondVigilantes #BondMarket #Economics @economics @finance
" The #debt is growing because the country keeps #Borrowing to finance an increasingly large gap between #GovernmentSpending and #Revenue. (..) What’s the Solution? "
Judging by their actions, the solution of the #Trump - #Junta is to slash revenue drastically while raising expenditure to unprecedented levels.
(While their other "solution" is to declare bancruptcy [#MarAlLagoAccord] - because the daddy of the United States will of course bail the country out as he always did in the past. 
)
Actor Michael Sheen on paying off £1m of his neighbours’ debts; Marina Hyde on ‘grotesque’ JD Vance; and ‘how the Beatles helped my autistic son find his voice’ – podcast https://www.theguardian.com/lifeandstyle/audio/2025/mar/15/actor-michael-sheen-on-paying-off-1m-of-his-neighbours-debts-marina-hyde-on-grotesque-jd-vance-and-how-the-beatles-helped-my-autistic-son-find-his-voice-podcast #Trumpadministration #Borrowing&debt #Lifeandstyle #MichaelSheen #USpolitics #TheBeatles #JDVance #Poverty
The Guardian · Actor Michael Sheen on paying off £1m of his neighbours’ debts; Marina Hyde on ‘grotesque’ JD Vance; and ‘how the Beatles helped my autistic son find his voice’ – podcast
The trouble with the farmer up to now has been that every time somebody has thought of relief for him it has been to make it so he could borrow more money. That’s what’s the matter with him now. What he needs is some way to pay back. Not some way to borrow more.
Will Rogers (1879-1935) American humorist
Column (1927-02-27), “Weekly Article: Big Bouts for Farm Relief”
Sourcing, notes: wist.info/rogers-will/75676/
‘It’s not because I want people to think I’m great’: Michael Sheen on paying off £1m of his neighbours’ debts https://www.theguardian.com/lifeandstyle/2025/mar/10/michael-sheen-interview-secret-million-pound-giveaway-port-talbot #Banksandbuildingsocieties #Theminers'strike1984-85 #Creditcardfees #Borrowing&debt #Steelindustry #MichaelSheen #Lifeandstyle #Creditcards #Debtrelief #Refugees #Poverty #Culture #Wales
The Guardian · ‘It’s not because I want people to think I’m great’: Michael Sheen on paying off £1m of his neighbours’ debts
Morten Morland @mortenmorland on #KeirStarmer #RachelReeves #Borrowing #Spending @thetimes – political cartoon gallery in London original-political-cartoon.com
#IMF warns #Global #PublicDebt to pass $100 Trillion by end of this year. #FiscalMonitor #Report urges govts to put through #TaxHikes and make drastic cuts to #PublicSpending and #BudgetCuts despite well publicized plans to do just the opposite.
Both #USElection #PresidentialCandidates are committed to policies that will add trillions in #debt to a fragile US #economy while in #EU govt #bonds have experienced sell offs, and #UK seeks to "tweak the definition of public debt used for the UK’s #fiscal
rules to allow for more #borrowing."
Global debt will be almost 20% points of GDP higher next 3 years than previously projected: "Much more substantial fiscal adjustments are needed".
https://on.ft.com/3YnU6NB via @ftworldnews #GiftLink #FinancialTimes
UK ‘risks repeat of surging energy bills’ amid continued reliance on gas https://www.theguardian.com/environment/2024/oct/15/uk-risks-repeat-of-surging-energy-bills-amid-continued-reliance-on-gas #UKcostoflivingcrisis #Energyefficiency #Renewableenergy #Consumeraffairs #Energyindustry #Householdbills #Familyfinances #Borrowing&debt #Energybills #Environment #Commodities #Fossilfuels #Fuelpoverty #Heatpumps #Business #Energy #UKnews #Money #Gas #Gas
The Guardian · UK ‘risks repeat of surging energy bills’ amid continued reliance on gas
Republicans break with Trump, back Fed ahead of rate cut
The Republican candidate said #lowering #borrowing #costs is
“something that they know they shouldn’t be doing”
before November’s elections.
-- GOP lawmakers disagree
https://www.politico.com/news/2024/09/11/republicans-defy-trump-fed-rate-cut-00178758
I don't speak #German, but I understand very well what the announcer says at 0:46: "Kabayel ist in top form."
I've previously posted about how much #English is used by announcers in #boxing in the Philippines, but I was not expected to hear this happen in #Germany, at least not for a phrase like this. Perhaps "knockout" or "round", common #nouns of a technical nature, but here we have a simple phrase.
www.dailymotion.comDailymotion
Nationwide stops lending on some flood-risk properties https://www.theguardian.com/business/2024/apr/30/nationwide-stops-lending-on-some-flood-risk-properties #Banksandbuildingsocieties #Mortgagelendingfigures #Borrowing&debt #Mortgagerates #Housingmarket #Environment #Nationwide #Realestate #Mortgages #Business #Property #Flooding #UKnews #Money
The Guardian · Nationwide stops lending on some flood-risk properties
An excellent history of #consumer #borrowing and #credit #cards
How did America become the nation of credit cards? | Aeon Essays
https://aeon.co/essays/how-did-america-become-the-nation-of-credit-cards?utm_source=mastodon
> Americans have always borrowed, but how exactly did their lives become so entangled with the power of plastic cards?
AeonHow did America become the nation of credit cards? | Aeon EssaysAmericans have always borrowed, but how exactly did their lives become so entangled with the power of plastic cards?
Charity reveals people in the South East borrowing to pay bills | Hampshire Chronicle
https://www.hampshirechronicle.co.uk/news/24229575.charity-reveals-people-south-east-borrowing-pay-bills/
#Bills
#Poverty
#Borrowing
#Loans
#CostOfLivingCrisis
#CostOfSurvivingCrisis
#ChristainsAgainstPoverty
#SouthEast
#FreedomChurch
#Romsey
#Hampshire
Hampshire Chronicle · Charity reveals people in the South East borrowing to pay bills
It's the #21stcentury in the #UK & people are having to use their #lifesavings & possibly the #savings of other #family members to pay for #cancer #treatment. #Money essential for #retirement, #funds a #son or #daughter were #saving to #buy a #home all used to go #private. #Borrowing maxed-out. This isn't okay. This isn't the #NHS #medical #care free at point-of-need that #NyeBevan campaigned for.
https://www.theguardian.com/society/2024/feb/07/hundreds-of-thousands-of-uk-cancer-patients-forced-to-pay-for-private-treatment
#SaveOurNHS #ToriesBrokeBritain
#HealthEquity #health
The Guardian · Surge in UK cancer patients going private revealed as King Charles starts treatment
One of my favorite #English #wordFormation facts: "atone" is not a #borrowing from Latin or French, but a #MiddleEnglish conversion from "at one", according to the #OED helped by the prior existence of the verb "one" and the usage of "onement". "atone" then took the place of the verb "one".
"The *Making Personal Finance Decisions* curriculum teaches valuable personal finance lessons grounded in economic theory. The curriculum is divided into 10 themed units, with each unit containing two lessons. The twenty individual lessons employ a variety of teaching strategies designed to engage students in the learning process and equip them with the knowledge and skills necessary to make informed personal finance decisions."
#PersonalFinance #Investing #Taxes #Budgeting #Spending #Borrowing #Saving
https://www.stlouisfed.org/education/making-personal-finance-decisions-curriculum-unit
www.stlouisfed.orgMaking Personal Finance Decisions Curriculum UnitLearn how opportunity cost is related to personal finance, how human capital relates to wages; learn about investment risk, identity theft, budgeting and many other topics in this free curriculum unit.
If you know anything about economics then listening to politicians and journalists talk about government debt and comparing it to domestic debt is irritating. So very nice to see the BBC finally point out the difference.
#Inflation #CostOfLiving #Borrowing #InterestRates
"UK interest rates forecast to rise less sharply after inflation falls to 7.9%!"
**GREAT NEWS** 
Two weeks ago the UK inflation rate shot up. Two weeks later it's miraculously fallen again!
AND CONveniently JUST in time for Today's PMQ's & the 3 By-Elections tomorrow. 
With the delayed announcement of the new Jaguar Land Rover car battery plant yesterday, it's more great news & mere coincidence
Cynical me!
