A personal example might shed some light - My uncle and aunt started their working lives in the late 50s. The “They’ve never had it so good” boom. And it was. Incomes, GDP, etc were roaring ahead. Th… (View Post)

Segmentation - between those who got into property before the madness (for example) If you are 48, no mortgage, combined income well into 6 figures, kids left home. Well, you are looking at maintaini… (View Post)

That’s exactly what Liz Truss said. The fiscal rules are for politicians to tell themselves “no” when they start looking at the biscuit barrel longingly. If they get rid of those, the markets will kn… (View Post)

The idea that borrowing costs won’t spike when this is tried is pure Liz Trussism. The next step on the road is to demand that UK pension funds buy UK government bonds at a rate set by the U.K. gover… (View Post)

Wasn't this the one where the driver claimed undiagnosed epileptic seizure. Which is apparently unverifiable (proof or disproof). So I think there was some concern from the legal point of view t… (View Post)