The UK Debt Spiral—A Cautionary Tale for Canada w/guest Liam Halligan
The Loonie Hour
00:00
UK's Financial Challenges: A Cautionary Tale
This chapter features an insightful guest discussing the UK's financial difficulties, particularly in the bond market and the implications for government policy. The conversation draws parallels to Canada, highlighting how rising national debt post-COVID and current economic policies are causing significant issues. The chapter critiques the Bank of England's recent decisions and examines political shifts within the Labour Party, emphasizing concerns over the sustainability of public finances.
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