We know a lot of people in our neighbourhood - it's a remarkably friendly place - and there is a clear divide between those in their 50s/60s (public sector, the arts) and those in their 30s/40s … (View Post)

We might as well all stop commenting now - this post says everything that needs to be said. (View Post)

I'm not making any moral judgement about them, positive or negative. The idea of the deserving or undeserving rich is as absurd as the idea of the deserving or undeserving poor. In a capitalist … (View Post)

Maybe "the wife" (is this the 1970s?) has a career too? The point isn't whether this group deserves sympathy but whether it is sensible to subject people to randomly high marginal tax … (View Post)

Yes. Higher rates and falling government bond prices led to losses on SVB's bond portfolio, which were crystallised as it suffered an outflow of deposits and had to sell its assets. More broadly… (View Post)