Macroscopic Podcast  cover image

Alasdair Macleod: UK's Worrying Sterling CRISIS & G7 On Brink of Total INSOLVENCY

Macroscopic Podcast

00:00

Echoes of 1976: Economic Parallels

This chapter examines the similarities between the current economic landscape and the crisis of 1976, particularly focusing on the IMF's role in addressing the turmoil surrounding the British pound. It highlights significant fiscal changes in the UK, including tax reforms and the impact of government spending on welfare and public services, while warning of an impending recession. Additionally, the discussion touches upon rising bond yields and the challenges faced by governments amid increasing debt and shifting global financial strategies.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app