The big picture is that Johnson is dashing for growth. We devoutly hope it works but the precedents aren’t promising.
There are lessons for today from the rise and fall of the “Lords of Finance” in the 1920s. Risk has been continually mispriced during recent years.
There are lessons for today from the rise and fall of the “Lords of Finance” in the 1920s. Risk has been continually mispriced during recent years.