Economy: Grudging admissions of collapse - UK Column News - 7th November 2022

1 year ago
5

- The Times: Sunak—The state can't fix all your problems, with odd talk of "sugar-rush budget"
- Daily Telegraph warns of severe recession
- Daily Telegraph also warns of renewed bond markets chaos
- Financial Times jocularly hints that Modern Monetary Theory is dead; UK Column has a ten-episode podcast on MMT
- World Gold Council's GoldHub reports that central banks have already bought more gold this year than in any year since 1967
- Lack of sound money expressed in the dramatically shifting multiples of a year’s salary required to buy a house
- And Finally: “Nothing that requires the labour of others is a human right”—trending aphorism

Sources: https://www.ukcolumn.org/video/uk-column-news-7th-november-2022
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