Andy Burnham says it’s time for the UK to stop being in hock to the bond markets. The City is in uproar, but who really
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We’re told that government debt is spiralling out of control. Commentators scream “fiscal crisis!” and “record borrowing!” But the truth is very different. High government
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The UK suffers from a finance curse. Far from being our economic jewel, the City of London has drained trillions from the economy. That’s lost
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The economic commentators are in a panic this morning. The government, they are saying, has overspent in August. The figure for what they call borrowing
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There are two big questions for the Bank of England when they announce their decisions on monetary policy this lunchtime. The first is whether they
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James Carville, adviser to Bill Clinton, once said that if there were reincarnation, he would like to come back as the bond market, because then
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As Andrew Bailey of the Bank of England noted yesterday when giving evidence in the House of Commons, interest rates are rising around the world
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A new commentator left the following comment on this blog after my most recent video. They started with a quote from me: ‘And bonds in
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I asked when posting a poll this morning whether a bullet-point summary of my argument for eliminating bond markets, generated by AI, would be beneficial.
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