The Podcast of the Lotus Eaters

PREVIEW: Brokenomics | UK Bond Crisis

Jan 21, 2025
The discussion digs deep into the UK's bond crisis, revealing the government's economic mismanagement and political incompetency. It contrasts the UK's financial struggles with the US, highlighting rising bond rates and currency strength. Budget changes are scrutinized for their impact on employment and pay. The evolution of government debt since the mid-1970s shows alarming trends linking escalating debt to stagnant GDP. The threat of wealthy individuals leaving the UK for better prospects adds another layer to the economic woes.
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