As government seek ever larger amounts of debt to finance more spending, they're embracing huge debt levels in the way a broke consumer might embrace payday loans. In the end, we're left with nothing but a flimsy promise to pay.
Malachy McDermott
Malachy McDermott has a degree in economics from University College, Dublin in Ireland.
Latest work
If there is one thing every honest money-saving advisor would agree on, it’s that a payday loan is a bad idea. Taking a high interest loan backed by nothing but your word to pay off your current...
In the wake of the brutal murder of Sarah Everard, Boris Johnson’s government has fallen into the twin perils of modern conservatism in relation to policing: heavy-handed police tactics and promises...
