If you spend enough time in policy circles, you will eventually run into the concept of the impossible trinity. A country can have full control of its interest and exchange rates, at the cost of imposing controls on the movement of capital. If it decides it would like to remove these controls, then it must Read More
Theresa May’s speech railing against Parliament brings us to the brink of a no-deal Brexit.
The Withdrawal Agreement has foundered, and beneath the froth and fury of Parliamentarians blaming the prime minister, the opposition, the European Research Group, the European Union, and indeed each other for the deal’s undoing, the rocks of the Irish backstop await the next unfortunate attempting to pass. The prevailing consensus is that there can be Read More