I don’t think Kwarteng is doing his bidding (at least not since he was paid to do so). I merely note the tight connections between libertarian nutters, Brexit, and predatory hedge funders. (View Post)

The issue is less with the deficit, it is that there is no credible plan to return to debt management, while the measures are inflationary, regressive, and don’t look to improve productivity ie long … (View Post)

Truss is the Leader of the Conservative Party. Own it. (View Post)

Crispin Odey’s hedge fund is up 145% by betting against UK bonds (Reuters). Kwasi provided consultancy services to Odey in a former life. Odey was also a big backer of Brexit. (View Post)

Apparently, in terms of size, this is about twice the Lawson boom and only a bit shy of the Barber one. It would be interesting to see a comparison of the distributional effects, and the use of borro… (View Post)