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218 - Russian sanctions & Wartime speculations

The David McWilliams Podcast

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Oil, Oil, It's All About Me, Me

i've always thought, you know, we were nogofors. It wouldn't be amazid if we found oiler. No. But yon't the interesting thing about the oil thing, it's not just russia, like missus. Thatcher, briton's oil. Where are all those revenues gone? Ye, they blew them on tax cuts. Eighties. They are hot taxes for everybody in the eighties. They have no wealth fund. And what the norwegians were thaynking is, we cannot do that. So if we allow all the revenues of our oil and gas to come into the economy, we'll have lots of fancy restaurants

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