Sadly Noel took the piss out of my shoes one Christmas morning*, and therefore I struggle to be too positive about them * This is absolutely true (View Post)
You don't need to run a surplus for 30-50 years. The UK massively reduced debt to GDP without running a surplus for more than half a dozen of the years between 1945 and 2008. You just need modest eco… (View Post)
During the Eurozone crisis, one policymaker observed something like "we know what we need to do to end this crisis. We just don't know how to do it and get elected again". It's perfectly po… (View Post)