Jeremy Hunt On Economic Optimism and How To Avoid The "Double Doom" Loop
Disruptors
Intro
Rob Moore introduces Jeremy Hunt and episode topics, including economy, taxes, debt, and sponsors Incogni and Direct Bullion.
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Rob is joined by former UK Chancellor Jeremy Hunt for a startling conversation on the current state and future prospects of the UK economy. Jeremy admits that while the UK has deep strengths in its tech and defence sectors, the country is plagued by a “double doom loop” of high taxes and national debt, which is now consuming roughly £4,000 per year from the average household just to service the interest.
Jeremy also shares his belief that even the US debt situation, as highlighted by Ray Dalio, is not immune to the laws of gravity, encouraging optimism for the UK's future. For the inside track on the British and global economy, this frank discussion has it all
BEST MOMENTS
“Something worse than a recession is coming."
“A quarter of adults are not in work."
"Hope is the first duty of command."
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