TheBitCast

Why Hasn't the Pound Crashed?

Podcast: The Flying Frisby - money, markets and more · Dominic Frisby

Opublikowano: 2026-06-10

Imagine you are in the circus, watching a tightrope walker who’s been on the sauce. He sways, the crowd gasps, he sways again, more gasps, and yet somehow he doesn’t fall. This goes on and on and eventually you get bored watching. That, it seems to me, is Britain. Public debt is now knocking on £3 trillion. (Remember you could have spent a million pounds every day since Jesus was born and still not have spent a trillion - that’s how incomprehensible a sum a trillion is). Interest payments now run at over...