Totally off topic, but a brief note in praise of some traditional print media. The Times Saturday magazine today is a masterpiece. Every single article fascinating, sometimes disturbing, sometimes am… (View Post)
It’s led to unprecedented reductions in inequality globally. An absolutely stunning achievement of civilisation. In USA, which just elected a fascist government, the median household income is still … (View Post)
They can make it temporary and based on economic and oil price (the latter would need to be wholesale refined oil price) conditions. I think we’re looking at a good year or so of low oil prices now a… (View Post)
If we’d stayed in the EU and joined the Euro we would be enjoying ECB gilt yields of around 3.5% and the government could sell paper to its heart’s content. The French bond yield has fallen by 0.3% t… (View Post)
I filled up the car this morning. Diesel 135.9p, petrol 129.9p. Ridiculously and criminally cheap. Across in France it’s about 165-169 cents. A 10p hike in fuel duty would raise around 12 billion per… (View Post)