Take a Chancellor on Me: Unpacking Kwarteng and Truss's Big Gamble

The financial meltdown Truss and Kwarteng have caused has surprised even their greatest detractors. But seriously, just how bad is this? And is there any way to fix it – even if they wanted to? David Blanchflower, former member of the Bank of England’s monetary policy committee, Dartmouth economics professor and author, joins Alex Andreou to discuss the situation.  “Markets prevent clueless amateurs doing stupid things… but nobody trusts you, nobody believes you, electorally it’s a disaster. Who actually supports this stuff?  “I have never seen such abject incompetence in my entire life.” “We need sensible people back in the room asking, ‘What can we do to rectify the disaster they’ve created?’” www.patreon.com/bunkercast  Tickets to Doomsday Watch Live: https://www.tickettext.co.uk/etmejHAuba Written and presented by Alex Andreou. Lead Producer: Jacob Jarvis. Producers: Jacob Archbold, Jelena Sofronijevic and Alex Rees. Assistant producer: Kasia Tomasiewicz. Audio production by Jade Bailey. Music: Kenny Dickinson. Group editor: Andrew Harrison. THE BUNKER is a Podmasters Production.  Learn more about your ad choices. Visit podcastchoices.com/adchoices