The TDS explanation for the shooting is the most deranged thing I’ve ever heard. And I have heard otherwise intelligent people espouse it irl. ThT Trump staged a shooting by a loser kid, to just miss… (View Post)

I recall being utterly shocked when the MPC meeting prior to the Kwarteng mini budget when they announced QT. Gilts were already chasing US Treasuries to the bottom, something was up, and they poured… (View Post)

An interesting take. I don’t expect to get much of a hearing here for this view but I think independence for the Bank of England has been one of the gravest policy failures of the last 50 years. Cert… (View Post)

One wonders what might have happened had the BoE blinked first during the LDI crisis and Truss had stuck with Kwarteng and his tax cuts. Of course the Finland Rumour says her premiership had a very l… (View Post)

“Conspiracy theory” is essentially a catch all term to discredit any narrative that is inconvenient if believed more widely. We’ve seen a number of “conspiracy theories” eventually validated over the… (View Post)