Here's the thing when you have 100% of GDP in debt. If you borrow an extra 5% of GDP to invest in infrastructure, that might increase government borrowing costs by 0.5% on its total debt pile (i… (View Post)

The Trump Tariff formula in full: The greater of - 10% and - 50% * (US trade deficit in goods to country/ total goods imported by the US from said country) Starmer's sucking up to Trump had no i… (View Post)

Yes. Starmer risks undermining his strong position on Ukraine by sucking up to Trump on this. (View Post)

Look, I know it doesn't look like it tonight - but these tariffs announcements are good news in the long-run. Good for the US and for the world. Why? Because Trump is setting fire to the US econ… (View Post)

You could argue that actuaries, by creating LDI, brought down Liz Truss. You're welcome. (View Post)