I absolutely do get that, and I absolutely do not think it matters. UK deposits had legal protection limits before the crisis hit, that were then completely torn up and disregarded as the government … (View Post)

With this many parties you can barely see DeForest for the trees. (View Post)

No, as I expect there to be an abundance of clean, cheap energy in all countries. Yes countries near the equator may have a competitive advantage in solar, which they can take advantage of, but count… (View Post)

Iceland handled the crisis very well indeed. They didn't try to "save" their banks and allowed them to fail, implementing the deposit protection schemes. Those who were protected, got their… (View Post)

Falling debt to GDP != falling debt. The percentage of GDP = debt to GDP, so if the percentage is falling, then the debt to GDP is falling. As we entered Covid, the percentage was going down in the i… (View Post)