00:00I wanted to have a fun, engaging, interactive way to bring this topic to life and really make you feel the pressure of how difficult it is to have to manage the finances, have to say no to the Prime Minister, have to say no to her MPs, because you have to keep the finances in good order.
00:14And if you don't, you risk the consequences of a Liz Truss-style moment, the bond markets moving against you.
00:19These are very real threats and prospects that Chancellor faces, and yeah, I wanted to try and bring that aside for the best I could.
00:24Maybe some of the backbenchers could do with reading it as well.
00:26I think most people might recommend it to them. I would suggest that.
00:29Yeah, but it is interesting when you interact, when you go out and about and you talk to friends and family, and when you frame it around the necessity of thinking about the bond markets and how some voters are not factoring that in.
00:40And clearly that is part of the book in terms of how, in terms of the fiscal constraints that most governments are facing.
00:47And of course, this is a situation for France as well, but you're very much focused, of course, here in the UK.
00:51Joe, thank you. That is the book, Can You Run the Economy. It's your turn to be Chancellor.
00:56Of course, based on, originally based on the game that you built out for Bloomberg, right?
01:01Yes. Bloomberg had a game along these lines, and then luckily a publisher saw it and said, can you make it into a book? And so I have.
Be the first to comment