311. Why is the US debt crisis a big problem for Burnham?
About this episode
The episode discusses the implications of the US debt crisis on the UK economy and the potential for a global financial crisis.
Are we at risk of a global financial crisis? What’s driving it? And why is the UK being punished more than other countries? Is reforming the pensions triple lock part of the answer? It’s been a wild time on the bond markets, with UK gilts yields at record highs. Robert and Steph explain why global inflation, the state of government borrowing and US tech firms turning to the debt markets for AI build out, is a big deal for the UK. Plus they discuss what it means for the chancellor ahead of the Budget on the 28th October. The Rest is Money is brought to you by Octopus Energy, Britain’s smart energy pioneer. Email: therestismoney@goalhanger.com X: @TheRestIsMoney…
People in this episode
Hosts: Robert, Steph
Topics covered
- global financial crisis
- US debt crisis
- UK economy
- government borrowing
- pensions reform
- bond markets
- inflation
Keywords
- US debt crisis
- global financial crisis
- UK economy
- government borrowing
- inflation
- pensions reform
- bond markets
Sponsors
Octopus Energy
Mentioned in this episode
Places: US, UK, Burnham
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