129. How Serious Is The UK’s Debt Mess?
The Rest Is Money
Navigating UK's Fiscal Challenges
This chapter examines the rising long-term borrowing costs in the UK, particularly focusing on the implications of the 30-year gilt yield. It explores the interplay of persistent inflation, high government spending, and the need for effective fiscal strategies to restore investor confidence. The discussion also situates the UK's challenges within a broader context of economic stagnation seen in major Western European economies.
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