Emeritus Prof Christopher May on Nostr: The FT's verdict on #KwasiKwarteng's recent culpa on his budget (which he delivered ...

The FT's verdict on #KwasiKwarteng's recent culpa on his budget (which he delivered as you will recall, during his historically brief tenure as UK Chancellor).

(You'll recall that the international 'markets' (by which we mean #bankers & speculators) were unimpressed by his budgetary approach.)

'Those pesky irrational markets. If only Kwarteng had studied financial history a bit harder before becoming Britain’s top financial minister'.

(Kwarteng is of course an historian of financial markets!)