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Posts tagged “eurozone crisis

Finance Friday | Eurozone Crisis

UK Money

The problems in the Eurozone rumbles on and it appears to affect the UK economy. The left wingers in Europe want to borrow money and print money and go on a spending spree and the right wingers want austerity. The former appears to be folly and the latter means fewer police officers and nurses and more unemployment. Mere mortals like me tend to invest and cut down on spending on trivial things. The government could invest in some things and keep building companies afloat. When I was a child there was a baby boom after the war and the government had massive debts. They built council houses, cheap houses for people to live in; no buy to let then. (more…)

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