What promised a refreshing start for Britain has since ended in disaster. Truss campaigned to revitalise our stagnant economy, ripping back regulations, and transform Britain from a high-tax, low-wage economy to one of low taxes and prosperity. The markets rejected a wholly un-conservative budget from Kwasi Kwarteng, leaving a collapsing pound and forcing the BankContinue reading “Failure of Trussonomics”
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Liz Truss: Supply Side Reform
A vicious leadership contest has culminated with Liz Truss’ accession to the premiership. Promising radical reforms to the British economy, Truss represents a stark contest with the establishment candidate, Rishi Sunak. With pledges to radically cut the state, addressing the struggling supply side of the British economy, Truss represents a breath of fresh air fromContinue reading “Liz Truss: Supply Side Reform”
Resolving the inflation crisis: Return to the 1980s
Spiraling inflation, climbing oil prices. Phenomenons are familiar to those who lived through the terrible 1970s. In the following five decades, the UK became one of the biggest debtor nations. Across the Atlantic, a similar fate for the US, from the largest creditor to the largest debtor nation. The inflation calamity of 2022 is farContinue reading “Resolving the inflation crisis: Return to the 1980s”
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