Less than a quarter of UK government debt is index-linked. https://www.gov.uk/government/publications/debt-management-report-2025-26/debt-management-report-2025-26-accessible And it's not really… (View Post)

Or maybe just 79-year-old semi-senile billionaire sociopaths? (View Post)

It could also be because they haven't committed indictable crimes, or they can't be proved to have done so beyond reasonable doubt? I hated the COVID lockdowns myself and knew they would be… (View Post)

International GDP comparisons are pretty worthless anyway, because countries differ widely in how they collect and process GDP data. The methodology is partly standardised under the SNA (System of Na… (View Post)

I just got back from a couple of months in the US, mostly LA, mainly business but also seeing old friends (and making a few new ones). Obviously the affluent parts of LA are about as typical of the U… (View Post)