Something remarkable is happening in France The PM, who will lose his job next week, went live on TV: France's debt was accumulated to guarantee the "comfort of the boomers" at the expense … (View Post)

All of the above, agreed. But most of that lies outside of the court's remit in this particular case. I have my own opinions on how we ought to start dealing with the matter, but that's also beside t… (View Post)

The counter argument is that reducing the volume of gilt sales, which is what's being suggested, works counter to what you're saying. Also it's the current account deficit which is most damaging to t… (View Post)

I have to apologise to Luckyguy. While his suggestions regarding QE were economically eccentric, and essentially ignored the costs of what he was proposing, the recent sharp rise in interest rates ha… (View Post)

The MoD wants to procure a new SRBM. https://www.twz.com/land/tactical-ballistic-missile-sought-by-united-kingdom We last fielded such a weapon in the Cold War. Given Russia's actions in Ukraine, the… (View Post)