The financial meltdown Truss and Kwarteng have caused has surprised even their greatest detractors. But seriously, just how bad is this? And is there any way to fix it – even if they wanted to? David Blanchflower, former member of the Bank of England’s monetary policy committee, Dartmouth economics professor and author, joins Alex Andreou to discuss the situation.
- “Markets prevent clueless amateurs doing stupid things… but nobody trusts you, nobody believes you, electorally it’s a disaster. Who actually supports this stuff?
- “I have never seen such abject incompetence in my entire life.”
- “We need sensible people back in the room asking, ‘What can we do to rectify the disaster they’ve created?’”
Tickets to Doomsday Watch Live: https://www.tickettext.co.uk/etmejHAuba
Written and presented by Alex Andreou. Lead Producer: Jacob Jarvis. Producers: Jacob Archbold, Jelena Sofronijevic and Alex Rees. Assistant producer: Kasia Tomasiewicz. Audio production by Jade Bailey. Music: Kenny Dickinson. Group editor: Andrew Harrison. THE BUNKER is a Podmasters Production.
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