78. What impact would another Trump presidency have on the UK?
The Rest Is Money
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Revealing the Black Hole in Public Finances
The chapter delves into the revelation by Rachel Reeves about a significant black hole in public finances, leading to a crisis in funding for essential services like prisons and the military. It discusses hidden liabilities like the cost of maintaining nuclear defense capabilities contributing to an estimated 50 billion-pound deficit. The episode explores the challenges the current government faces in addressing the financial crisis without resorting to austerity measures or breaking tax-related promises.
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