Economic Consequences of Demented Leadership
The woes we face are not theoretical. They are real, and worsen by the day. Very few members of the public really understand their causes, still less what can be done to reverse the decline. [more…]
The woes we face are not theoretical. They are real, and worsen by the day. Very few members of the public really understand their causes, still less what can be done to reverse the decline. [more…]
Many people are confused about inflation, unsurprisingly because politicians & Central Banks want you to be confused. Let me give a few pointers, a quick glossary if you will. Monetary Inflation This is base camp [more…]
In raking over the embers of Truss/Kwarteng aspirational economics a few observations are still pertinent. The fiscal “event” they staged was, its critics opined, “stillborn”, dead at birth – with no hope of getting it [more…]
The end of world dollar hegemony is coming and hardly anyone in government is taking notice or even understands what this means. Since the Bretton Woods Conference in 1944, the dollar has been the only [more…]
Several readers expressed surprise that last week’s essay concerned my personal NHS experiences rather than the pressing issues of the day. In such a rapidly changing economic picture no commentary can ever be bang-up-to-date, while [more…]
It’s been a tumultuous couple of months in UK politics. After a troubled time in office, plagued by scandal, internal party frictions and much public embarrassment, Boris Johnson exited the stage leaving behind a big [more…]
Europeans are already facing previously unthinkable dilemmas As the citizens of the Eurozone and the UK are increasingly struggling to make ends meet due to record levels of inflation, and as the winter draws closer, [more…]
Warren buffet famously quipped: “When the tide goes out you can see who has been bathing naked!” Now we know! Both candidates for the premiership are senior Conservative Cabinet members and Ministerial office-holders, and naturally [more…]
In a few days the British Conservative Party will select a new prime minister from within its ranks. The new PM will have a short-lived opportunity to select new ministers. But more importantly, due to [more…]
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