I suspect that this is an inevitable consequence of the current government's efforts to have more and quicker decisions made at first instance. Who could possibly have foreseen such a thing? (View Post)

I'll see your rain and raise you a hail storm. (View Post)

The US fiscal deficit for 2026 is forecast to be $1.9trn which is 5.8% of GDP. So $18trn in 11 months would be over 50% of GDP. Which is a rather long way of saying the man is genuinely mad. (View Post)

Remember that the US is the world's largest oil producer producing 17.3m bpd. Some people in the US are getting seriously rich from this. A lot of marginal shale and fracking production has beco… (View Post)

On topic, thank you @JosiasJessop for a really informative header. What I think we are seeing here is another example of the lawless world that Carney so eloquently described. He quoted Thucydides: &… (View Post)