They could very easily do worse if recovery bonds offered 5% while inflation was 10%. See 1970s for more info. (View Post)

It's a bit like taking out a mortgage, converting to interest-only, and then going for equity release after you retire. When your grandchildren find out, they stop being nice to you. (View Post)

Buried deep in the rolling feed on the BBC world news web page: The EU has approved vaccine exports to 21 non-EU countries this month, including the US, UK and China - despite continuing vaccine shor… (View Post)

Used to see quite a lot of Boris. I'd be driving to my plush Islington office in my comfy executive car while he'd be wobbling down to his Doughty Street garret on a beaten-up old Raleigh. … (View Post)

Move Stonehenge back where it belongs? I think we may collectively have solved the A303 tunnel conundrum. (View Post)