Nickolai Hubble

Are euthanasia and working to 70 all that’s left?

Britain's ageing population has become the latest excuse for higher taxes, lower growth, and endless pessimism. But what if the experts have ignored half the equation? Nick Hubble explains why demographic doom may be one of the most misunderstood investment stories of our time.

Print your way out of this one, Bailey

Investors have grown accustomed to a world where central bankers can solve any crisis. But an oil shock from the Middle East is beyond their power.

Why the national debt is worse than after two world wars and one world cup

We've escaped debt crises before. So why should investors worry now? The answer has less to do with government borrowing than the state of modern Britain.

Politics is a civil war. What changes are the rules.

Does any of this sound familiar? An unelected Catholic pretender king from the North, a political assassination on the moor, and crusades that fail to get off the ground.

The dirty power panic has barely begun

Thanks to whistleblowers, the instability of our electricity grid has captured national attention. But who could’ve seen this coming? We did, in 2024…

“Why the Belgrano was sunk”

Virtue signalling is an expensive habit. Virtue signalling about your own energy supply is downright dangerous. Now the race is on to secure supplies.

Who goes bust first this time?

For 45 years, interest rates trended down. This was like a rising tide pushing the stock market higher. But it may be over now, leaving us all guessing.

Turning points you can’t afford to ignore

In theory, it’s possible to drive while looking only at your rear-view mirror. After all, that’s how most people invest their money. So why not try it?

Inequality between nations matters more than within nations

Andy Burnham is promising to tax the rich. But he can’t tax foreigners. Eventually, our envy will go global. And that’s what saves us in the end.

Andy Burnham won’t be the next prime minister

Prime ministers don’t do what’s expected of them. So why bother reacting to the former Andy Burnham’s proclivities? We’re facing an entirely new Andy.

This time, inflation really is transitory

The velocity of money predicted our 2022 inflation spike. But central bankers still haven’t rediscovered “V”. And so they’ll make another terrible mistake.

Will Net Zero save us from AI?

Politicians are attacking AI for its voracious energy demand. Not something we can afford after years of Net Zero. But what if they’ve got it backwards?

Get out while you can: Andy Burnham’s exit tax is coming

In today’s Issue: We led the way out of socialism in the 80s Now we’re leading the way back in How to sidestep inheritance, capital…

How the commercial space race will actually pay out

Speculation in SpaceX shares is capturing more attention than the space economy itself. So, what space industries will SpaceX actually be profiting from?

How the Bank of England will lose control of the bond market

Are you panicking about the Strait of Hormuz and the tech bubble? Then focus on the only thing that matters: central bankers have room to cut rates.

Why legacy parties’ attempts to stop the populists keep backfiring

I’ve been predicting the rise of right-wing populism for almost a decade now. But why are the legacy parties doing such an awful job of stopping them?

Transitory inflation is back… with another crash?

2022 was the worst year ever for investors. Central banks crashed stock and bond markets to rein in inflation. Now, inflation is back. What will central bankers do this time?

Oil will resurface from the Strait of Hormuz with the bends

Another day, another whipsaw in energy markets. But what if the real crisis comes after the Strait of Hormuz is reopened? Oil could yet surge higher…

The Cobra Effect will kill the identity politics of oppression and grievance

Debating politics can feel like you’re speaking different languages. Perhaps that’s because you are! And a new language is coming for the next era…

Labour’s next tax raid is just what this country needs

The race to become prime minister has kicked off yet again. Contenders are trying to outdo each other with ever higher tax rates. And that’s the good news…