Tag Archive for 'deficit'

Investing in the face of five megatrends

April 29th, 2011 by Toby Birch

As human beings our brains are hard-wired to pigeonhole data for ease of storage and subsequent recall. Perhaps this compartmentalisation is why many find it hard to see the big picture and seem shocked by black swan events. Free-thinking entrepreneurs are different because they observe opportunities and connections that others fail to appreciate (known as […]

Fiscal Sustainability

July 6th, 2010 by Peter Roffey

Like the UK, Guernsey has a structural budget deficit.  Some of the unpopular austerity measures introduced by the new British government will have to mirrored here to some extent. Put simply the States are spending more than they receive in income. The big difference is in how that situation came about.