“Most people” voted for Brexit, Johnson, and Trump. Gill was an outstanding sculptor and the piece in question one of his most notable works. It’s good that Britain preserves its patrimony rather tha… (View Post)
It’s normal to borrow, since a normal growing economy should in time deflate away the size of that borrowing. Also, if you just turn the taps off, you crater the economy and create scarring. Reeves’s… (View Post)
UK gilts are a mystery to me. The market is pricing the UK as riskier than pretty much any other G7 country, but why? It has one of the lower debt levels, even at the 100% rate. (View Post)