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Adrian Blundell-WignallFinancial Review |
Oligopolies and a lack of foreign investment are driving up the cost of living, yet governments on both sides of the aisle are turning a blind eye.
Europe has a different monetary policy structure that leads to less extreme outcomes compared to anglo-saxon nations.
We need to stop subsidising the sector and bring back a resource rent tax to support the real determinants of long-term growth.
The administration is exacerbating the problems left over from the pandemic, risking inflation and recession.
It remains to be seen what risk triggers Trump 2.0 will bring and what contagion might flow within and between the regulated and NBFI sectors.
Special interest groups have always been a headache for government deficits and efficiency. Now they are running Washington.
American first protectionism won’t bring manufacturing jobs back to the US. Chinese foreign investment will just increase in imports from the lower...
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