SCOUT· 53%41m·2026-09-06·News Politics311. Why is the US debt crisis a big problem for Burnham?
Are we at risk of a global financial crisis? What’s driving it? And why is the UK being punished more than other countries? Is reforming the pensions triple lock part of the answer? It’s been a wild time on the bond markets, with UK gilts yields at record highs. Robert and Steph explain why global inflation, the state…
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What people are saying
“The irony of all this talk about a “global debt crisis” and governments having no room to manoeuvre is that we rarely ask how we got here in the first place. We got here because of the kind of economy we have chosen to build over the last 4…”
“Only scorched earth with public spending will save us now.”
“Uk basic pension is still one of the lowest in western Europe.”
“Step One: REDUCE the incentives for people not to work. Only then consider modifying the triple-lock which, in all honestly, is unsustainable in the long-term. Also, the basic rate tax threshold should always remain equal to the state pensi…”
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