UK government pushes ‘predictive technology’ in new debt management strategy 

The UK government is promoting greater use of predictive technology across the public sector to try to prevent people and businesses from “falling into problem debt”. The move is among numerous pro-technology measures in the Government Debt Strategy, which sets out plans and priorities over the next four years. Often referred to as predictive analytics or predictive artificial…

Bruno Mars Addresses Debt Rumors

Pop star Bruno Mars is finally speaking out about rumors that he owes money to MGM Resorts. Over the weekend, during the opening stop of his Romantic Tour, Mars joked about the speculation while on stage with fellow Silk Sonic member Anderson .Paak. At one point, he said, “Andy, I’m sorry you’re going through all…

The Juggling Act – Thomas Savidge

In An Inquiry into the Nature and Causes of the Wealth of Nations, Adam Smith discussed the dangers of governments using debt monetization, the process of paying off debts by currency debasement. Smith warned that debt monetization amounted to a “soft” default. He wrote, The honour of a state is surely very poorly provided for,…

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