The Bunker – News without the nonsense Bonds away! – Start Your Week with Ros Taylor and Jacob Jarvis
Jan 13, 2025
Rachel Reeves faces scrutiny as the right-wing press questions Britain’s economic state. Musk's influence is examined both domestically and internationally. Discussions also touch on the impending political dynamics as Trump prepares for a shift back into prominence. Conversations on inflation, AI's societal impact, and the environmental consequences of tech in schools add depth. Meanwhile, the wildfire crisis in LA raises concerns over lawlessness and insurance implications, illustrating the interconnectedness of these pressing issues.
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Episode notes
Bond Market Crisis Context
- The UK bond market crisis is influenced by global factors and uncertainty surrounding Trump and inflation.
- Reeves faces questions about Labour's policies and their impact on economic growth.
Current Crisis vs. Truss
- The current crisis is not as severe as the Truss administration's.
- The Truss' tax cuts triggered a market reaction not seen in the current situation.
Reeves' Potential Actions
- Reeves might raise taxes or implement cuts if the bond markets don't stabilize.
- The Treasury is exploring cuts, but it's unclear where they will come from given existing pressures.