It is inevitable that China will replace the US as the global superpower in the next decade or two. Just compare economic size, growth rates and long term strategic intent. A stable world is in China… (View Post)

My son is 55 next year and will start to draw down his personal pension. We'll be two pensioners together. (View Post)

Debt is levelling out at about 100% of GDP which is fine. A typical UK household would be happy to have net debt including mortgages equal to annual income. So would a company. I know the government … (View Post)

You never have to pay it back. You roll it over and grow it. Nothing inconsistent with that. You need to keep the growth in debt roughly in line with the growth in your GDP. It would be calamitous fo… (View Post)

This fellow who creeps into children's bedrooms with no safeguarding and gives big presents to rich children and nothing to poor children worries me. Father Christmas sounds like a priest. Santa is a… (View Post)