
Sign up to save your podcasts
Or
We'll be back next week with more Merryn Talks Money interviews, but for now we bring you an interesting conversation from the Odd Lots team.
These days, everyone is talking about high interest rates across the rich, developed world, while warning of eventual fiscal disaster. But we may have gotten an early glimpse of this anxiety in October 2022, when then-UK Prime Minister Liz Truss unveiled her mini-budget that spooked the gilt market. Well today, rates at the long end of the British yield curve are even higher. So what's going on? Why all this angst now about UK fiscal sustainability and the economy itself? In this episode, we speak with Liz Truss about what she learned during her brief time as the PM. She talks about the political reality of fiscal consolidation, and how difficult it is on both the tax and spending side. And we also discuss what her economic vision was really all about, had she not been forced from the position so quickly. In addition, we talk about the general state of politics, the media, and free speech in the UK.
Only Bloomberg.com subscribers can get the Odd Lots newsletter in their inbox — now delivered every weekday — plus unlimited access to the site and app. Subscribe at bloomberg.com/subscriptions/oddlots
See omnystudio.com/listener for privacy information.
4.2
3333 ratings
We'll be back next week with more Merryn Talks Money interviews, but for now we bring you an interesting conversation from the Odd Lots team.
These days, everyone is talking about high interest rates across the rich, developed world, while warning of eventual fiscal disaster. But we may have gotten an early glimpse of this anxiety in October 2022, when then-UK Prime Minister Liz Truss unveiled her mini-budget that spooked the gilt market. Well today, rates at the long end of the British yield curve are even higher. So what's going on? Why all this angst now about UK fiscal sustainability and the economy itself? In this episode, we speak with Liz Truss about what she learned during her brief time as the PM. She talks about the political reality of fiscal consolidation, and how difficult it is on both the tax and spending side. And we also discuss what her economic vision was really all about, had she not been forced from the position so quickly. In addition, we talk about the general state of politics, the media, and free speech in the UK.
Only Bloomberg.com subscribers can get the Odd Lots newsletter in their inbox — now delivered every weekday — plus unlimited access to the site and app. Subscribe at bloomberg.com/subscriptions/oddlots
See omnystudio.com/listener for privacy information.
409 Listeners
54 Listeners
2,173 Listeners
412 Listeners
352 Listeners
13 Listeners
42 Listeners
92 Listeners
15 Listeners
965 Listeners
9 Listeners
15 Listeners
192 Listeners
12 Listeners
3 Listeners
67 Listeners
31 Listeners
36 Listeners
4 Listeners
4 Listeners
44 Listeners
56 Listeners
232 Listeners
218 Listeners
61 Listeners
62 Listeners
83 Listeners
382 Listeners
162 Listeners
38 Listeners
20 Listeners
12 Listeners
7 Listeners
2 Listeners
78 Listeners