Where finance and media intersect with reality

When Currencies (and Nations) Fall; The Case of Lebanon’s Bad Data

The dramatic plunge in sterling and UK gilt prices following Kwarteng’s unsupported tax cuts announcement drew many to radical conclusions. Whether a fatal undermining of Britain’s post-90s fiscal responsibility or displaying a counter-intuitively long-term perspective, the spectre of Black Wednesday’s governmental incompetence is echoing through Westminster’s halls. Perhaps it’s time for Britons to learn from […]