It is easy to look calm and collected when you are giving away hundreds of billions. Much more difficult when you are taking it back. He'd look like a rabbit in headlights too then I'd imag… (View Post)

Sunak is so popular for three reasons I think: - he has given away hundreds of billions - unlike Boris, he has no serious shadow (Annelise Who?) - he isn't really associated with leaving the EU,… (View Post)

On topic, an interesting thread header, and one to which there is very little to add. 15 years ago, I was still a couple of years from discovering pb.com. I've posted ever since under a few diff… (View Post)

I agree. Everybody does it though. I've heard neo-Nazis saying that the cold war means that Hitler was right, Communists saying that the Soviet Union won it single-handedly, the French pretendin… (View Post)

What has changed is the negative real interest rates the government can borrow at. Given that, it is crazy NOT to run deficits, if there are urgent spending or tax reduction needs. The financial mark… (View Post)