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This week has brought several stories which have reminded me of the famous words of President Eisenhower. This conjunction of an immense military establishment and a large arms industry is new in the American experience. . . .Yet we must … href="https://notayesmanseconomics.wordpress.com/2025/11/28/the-military-industrial-complex-is-a-disgrace-that-needs-reform/" target="_bla...
Yesterday’s Budget presented by Chancellor Rachel Reeves covered a lot of ground. But let us start our look at the economics with one fundamental issue. That is why today, I am restoring stability to our public finances… Public sector net … href="https://notayesmanseconomics.wordpress.com/2025/11/27/the-uk-budget-involves-spending-today-and-taxing-tomorrow/" target="_blank" r...
This morning has brought news that links straight into something I was thinking yesterday. As I wrote the piece on the struggles of the German economy the thought that the ECB would cut interest-rates again from the present 2% was … href="https://notayesmanseconomics.wordpress.com/2025/11/26/how-many-central-banks-will-cut-interest-rates-this-december/" target="_blank" rel="n...
This morning has brought a rather cold dose of reality for the German economy. The narrative had switched to it recovering from struggles that had seen it become the economic version of the sick man of Europe. But as you … href="https://notayesmanseconomics.wordpress.com/2025/11/25/germany-remains-trapped-in-an-economic-depression/" target="_blank" rel="noopener ugc nofollow"...
This week brings the UK Budget as on Wednesday Chancellor Rachel Reeves will stand up and set out what she wants to do. It has been and remains a fast moving market because almost as quickly as she thinks up … href="https://notayesmanseconomics.wordpress.com/2025/11/24/the-uk-budget-has-plenty-of-plans-for-more-spending-ignoring-the-state-of-the-public-finances/" target="_bla...
