Every British PM’s Nightmare - Project Syndicate Op-Ed - Yanis Varoufakis
3 Articles
3 Articles
British politics is facing a left-wing slide, the likely new Prime Minister Andy Burnham wants the state to spend more money, but the financial markets could torpedo his plans.
Every British PM’s nightmare - Project Syndicate op-ed - Yanis Varoufakis
With Keir Starmer expected to fall on his sword shortly, here is my take on the conundrum facing Andy Burnham, indeed any and every British PM. The true nature of Britain’s ‘special relationship’ with the United States has far more to do with American financiers’ willingness to keep borrowing to purchase British government debt than […]
By Yanis Varoufakis, Project Syndicate.ATENAS- The former heavyweight boxer Mike Tyson once said the famous phrase: "Everyone has a plan until they punch him in the face." The same could be said of the potential British prime ministers, especially after the spectacular dismissal of Liz Truss after just 49 days in office in 2022. They all have a plan until the state bond market hits them.Andy Burnham, Nigel Farage and my friend Zack Polanski will…
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