06/11/2022
This is taken from a group and so I couldn't share the initial post, or the posters details but I think it is really important to read the narratives given by people and organisations such as independent fiscal institutes & economists, rather than the just the Government when it comes to the economy right now.
'As the government, the media and institutions focus on the imaginary black hole, which is apparently the size of the universe, as if it will have to be fixed or filled through cuts or tax increases, the real black hole is largely ignored, as if there were no connection between government spending policies and the breakdown of public services or a disintegrating society. If only we could balance those books, we could address these real challenges and save the planet before it’s too late'.
https://gimms.org.uk/2022/11/06/black-hole/?fbclid=IwAR3HFiIRn4HiIUDEtjs8kU1zhJfTBqwV76jPJeqjana07ueovRrD1pzlb60
“What is a debt, anyway? A debt is just the perversion of a promise. It is a promise corrupted by both math and violence.” David Graeber, Debt: The First 5,000 Years The upside-down clown world continues. But it’s no laughing matter. In its move this week to raise interest rates yet again, the...