The Rest Is Politics 55. The Kamikwaze budget, Iranian protests, and Italian 'post-fascists'
Sep 28, 2022
This week, the hosts dive into Kwasi Kwarteng's mini-budget and its shaky economic impact. They tackle the rising tensions within the Conservative Party over tax strategies and contrast that with protests erupting in Iran. The discussion also touches on the far-right's electoral success in Italy, examining how populism is reshaping European politics. Additionally, the episode highlights the unique family dynamics influencing Brazilian politics, specifically focusing on Bolsonaro’s sons and their political future. A captivating mix of insights and current affairs!
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Kwarteng's Early Life
- Rory Stewart knew Kwasi Kwarteng in school, even playing rugby against him.
- Kwarteng's catchphrase, even at a young age, was "Don't be so ridiculous."
Contradictory Policies
- Liz Truss and Kwarteng's actions contradict previous Conservative fiscal arguments.
- Their policies have abandoned austerity and the focus on market confidence.
Pound's Decline
- The pound's decline is not solely due to a strong dollar, as some Tories claim.
- It has fallen against other currencies, including the Albanian Lek.