Brexit was for the best, but Britain is still the “walking dead of debt”. There’s a simple solution, Steve Keen tells Merryn Somerset Webb…
Articles written by Merryn Somerset Webb
While Britain’s economic figures look healthy, there’s no disguising what lurks beneath, says Merryn Somerset Webb.
Merryn Somerset Webb talks to economist and author Professor Steve Keen about Brexit, GDP and People’s QE, and how cancelling people’s debt could avert the next financial crisis.
Softbank’s £24bn acquisition of ARM Holdings proves that post-Brexit Britain is just as good a place to do business as it was before the referendum. But the deal’s not all good news, says Merryn Somerset Webb.
Fund managers may well find their industry being reformed for them, says Merryn Somerset Webb. And they only have themselves to blame.
The Bank of England seems to have accepted that the Brexit vote doesn’t meant the end of the world as we know it, says Merryn Somerset Webb.
If we want any kind of normality to return to capitalism, central banks have got to normalise interest rates, says Merryn Somerset Webb.
Housebuilders are hated at the moment – they fell by 25% on the day after the EU referendum, and by another 20% on the next. But, says Merryn Somerset Webb, perhaps it’s time to buy.
Give it 20-30 years and the whole defined-benefit pension saga will be nothing but super-dull accounting history, says Merryn Somerset Webb.
Defined-benefit pensions are fast turning into one of the UK’s biggest problems. But it’s all entirely unnecessary, says Merryn Somerset Webb.