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The Zero Sovereignty System
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The Zero Sovereignty System

Philip Pilkington on how the debt hawk flies only when the Right nears power

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Philip Pilkington
Jun 20, 2024
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Back in late March strange headlines started to appear in the financial press. “US Faces Liz Truss-Style Market Shock as Debt Soars, Warns Watchdog” read a headline in the Financial Times. A few days later the same paper told its readers that “Companies Rush to Issue Bonds to Forstall Market Volatility Ahead of US Election.” This seemed like strange tim…

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A guest post by
Philip Pilkington
Macroeconomist and investment professional. Writing about all things macro and investment.
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