So long as you have your own currency, it's very hard to go completely bust. Now, you can end up screwing bondholders through the miracle of inflation, but that's usually better than the al… (View Post)

Comment of the day. (View Post)

Sure: but the total contempt that Trump shows for other people's agency doesn't help either. (View Post)

I never understood the firing: it was just extraordinarily petty. (View Post)

The continued failure to understand President Trump is a consistent theme of senior politicians on both sides of the Atlantic. (View Post)