UK Money Supply Has Tripled Since 1997

Thomas McAnea was a drunk, an ex-con freed on a technicality and a failed businessman with barely “two pennies” to rub together, according to the Scottish police. He was also an expert forger, a specialist in faking holograms for official documents. And in January, ‘Hologram Tam’ – as his underworld clients knew him – was […]

Investors to blame for not assessing the risks

The United States is not the only nation confronting a household debt crisis. We, too, have a subprime lending market and it is managed by our collective bag of finance companies. The collective sum of savings at risk in this sector is reported to be $16 billion. Put another way, that’s nearly a third of […]