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Podcast: The Bunker – News without the nonsense
Episode: Cash Ruins Everything Around Me: How the City captured the Treasury
Description: Treasury “orthodoxy” is the Tory punchbag – but it only acts the way it does because it’s already been colonised by free marketeers, says Aeron Davis, author of Bankruptcy, Bubbles and Bailouts: The Inside History of the Treasury since 1976. He tells Ahir Shah why Britain now has two Chancellors and no real Prime Minister; why our economic fate is determined by people who’ve never worked in a real business… and how deregulation ended up outsourcing the entire British economy to the City.
“Rishi Sunak is our first investment banker PM. We’ve finally reached that peak.”
“Every review of financial g...