Nonsense. Refer back to my message from the other day. His administration has wilfully politicised monetary policy with an eye on 5th Nov. And even so, nominal growth has lagged federal debt growth. … (View Post)

Ukraine forces are an hours drive from the Kursk nuclear power plant. Wonder if they’ve got special forces headed there. (View Post)

By some readings, the supposed strategic importance of Crimea was the driver for the conflict. It is therefore a little ironic that Sevastopol is now largely empty of Russian naval assets and the Cri… (View Post)

It’s a WW1 type grind, with largely frozen lines rather than WW2 manoeuvre warfare isn’t it. I think 2023 taught the Ukrainians this and hence they’re now content to rope-a-dope the Russians and hope… (View Post)

MPC members are too fixed on imperfect (largely backward looking) data. We’d be far better served if they instead spent each month touring the country, talking to people in cafes, street markets, job… (View Post)