Governments are clearly struggling with the consequences of decisions made years, sometimes decades, ago. And this week, our editors took a look at the mess.
Bill Bonner warned that attempts to inflate away America’s national debt could eventually produce something far more destructive than the inflation already experienced.
Sam Volkering examined the enormous cost of Britain’s welfare system, the Chancellor’s looming £35 billion budget challenge, and the difficult choices politicians seem unwilling to make.
And we’re paying attention to the rising tensions between Argentina and Britain over the Falkland Islands.
Here’s what you may have missed this week.
Monday, 12 October 2026
Springtime for flimflam – by Bill Bonner
America may try to inflate away its enormous debt burden. But what happens when rising inflation pushes borrowing costs up faster than it reduces what governments owe? Bill Bonner looks to Weimar Germany for a warning of where this dangerous experiment could ultimately lead.
Click here to read the full essay
During Germany's hyperinflation of 1923, which group unexpectedly benefited from the collapse of the mark?
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Tuesday, 13 October 2026
The £35bn hole with a BMW parked in it – by Sam Volkering
Britain faces a £35 billion budget shortfall, yet its working-age welfare bill has risen by almost £50 billion since 2019/20. Sam examines the cost of Britain’s growing benefits system, the difficult decisions facing the Chancellor, and why the next election could arrive sooner than expected.
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Wednesday, 14 October 2026
Ed Miliband goes to war for 1.7 billion barrels – by Sam Volkering
Forty-four years after the Falklands War, Britain and Argentina are clashing again over oil. Sam explores the escalating dispute surrounding the Sea Lion field, why even Britain’s most outspoken Net Zero advocate is defending its development, and the potentially much bigger energy prize further south.
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Britain’s Investment Letter Since 1938
In 1938, The Fleet Street Letter warned its readers that war was coming to Europe — and even identified September as the critical month.
Since then, its readers have been warned ahead of Black Monday, the dotcom crash and the 2008 financial crisis.
Today, Britain’s longest-running investment advisory is still looking for the “news behind the news” — and the investment opportunities others could be missing.
Click here to discover what The Fleet Street Letter sees coming next.
Capital at risk.
What Does Britain’s Oldest Investment Letter See Coming Next?
It warned readers ahead of Black Monday.
The dotcom crash.
And the 2008 financial crisis.
Now, nearly 90 years after it was founded, The Fleet Street Letter is still searching for the “news behind the news” — and the investment opportunities that could emerge from the next major turning point.
Click here to discover what its editors are seeing now.
Capital at risk.
Thursday, 15 October 2026
1982 – by Sam Volkering
Could Britain be heading towards another confrontation over the Falklands? In a special video investigation, Sam revisits the events of 1982 and examines the growing tensions over South Atlantic oil, the strategic importance of the islands, and what’s really at stake for Britain and Argentina.
Click here to watch the full investigation
Friday, 16 October 2026
How does a man in speedos win the Falklands War? – by Sam Volkering
From Iran and Ukraine to the South China Sea and the Falklands, geopolitical tensions are mounting. We explore why defence stocks aren’t surging, how governments fund wars, and whether Britain could see the return of war bonds.
Click here to read the full essay
