He most certainly is the loser. Firstly, if he is to get the Straits open again he is going to have to accept some humiliating terms. The Iranians are talking about reparations. Alternatively, he can… (View Post)

I thought that Reeves' response to this economic shock was to talk about Truss (again) and then claim she was going after profit gougers (as if the increase in costs were not real and the proble… (View Post)

The grifting, the illegal appointments, the abuse of the Constitution and the law, the absurdly inept prosecutions of Comey and James, the threats to Canada and Greenland, the abuse and gratuitous in… (View Post)

It is absurd to suggest that additional North Sea production is going to reduce prices. The production is far too marginal to have any effect on the international market. What it does do is improve o… (View Post)

Growth especially. We urgently need to both reduce consumption and increase investment for future growth. Monetary policy should be focused on assisting fiscal policy in supporting that. (View Post)