Reading this it does feel like where we are, but I guess we’ll see
Only a fiscal crisis will prompt the UK to address its longstanding political and borrowing problems, a senior economist has warned.
Jagjit S. Chadha, an economist at the University of Cambridge, warned yesterday on social media that bond markets were not only responding to fears around debt amongst all wealthy countries but also to “political sceloris and fiscal incontinence” in the UK specifically.