Britain Is Broke

About this episode

The episode discusses Britain's financial struggles and compares its current situation to 1970s Italy.

Britain is running out of money, in a currency it prints itself. We unpack the gilt market panic, Starmer's impossible bind, and why the UK is starting to look more like 1970s Italy than the country that invented modern finance. Hosted on Acast. See acast.com/privacy for more information.

People in this episode

Hosts: David McWilliams, John Davis

Topics covered

• economy
• finance
• politics
• UK
• gilt market
• Starmer
• 1970s

Keywords

• Britain
• gilt market
• Starmer
• 1970s
• finance
• economy
• politics

Mentioned in this episode

Organizations: Starmer

Books & works: modern finance

Places: Britain, Italy

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