I think the Rwanda policy was simply mad and an astonishing waste of scarce resources but Sunak is right that one of the reasons the mainstream parties died on Thursday is because people get complete… (View Post)

We don’t have to wait until maturity before repaying or rolling over the debt. We can buy the debt in the market and pay for it with shiny new ECB bonds. The ECB might want a limit on how much we did… (View Post)

My faith in our ability to govern ourselves has been shaken by Thursday. As a country we are simply not being serious about our challenges, our choices and the consequences of those choices. Membersh… (View Post)

Yes but Sweden are in a very different position than us. They are members already and fairly committed to the EU. I think that if we were applying again we would be made to join the Euro right away. … (View Post)

For me, the last sentence there is the killer. What is Starmer for? There’s never been a meaningful answer to that question. (View Post)