The incentives that govern the UK after Brexit and Covid-19

I expected to write this article about Brexit’s risky implications. But it’s become about Covid-19 instead. Still, the underlying topic is the same: how will…

At what point does the Delta variant trigger a financial crisis?

Do you remember January 2020, when we began to hear rumours of a virus in Wuhan, China? A key question facing investors back then was…

Central banks are addicted to QE

Central banks and governments have successfully papered over the economic and financial consequences of the pandemic surprisingly well. That is as far as the aggregate…