#167 - Andrew Lilico: Britain Is Now Poorer Than The Poorest US State

Britain is now poorer than the poorest US state - and almost nobody in the UK realises it. Economist Andrew Lilico explains how we got here, the fiscal crisis he believes is coming within ten years and why he thinks we've done this to ourselves.

In this conversation:
- Why Lilico believes the UK is "one bad shock away" from a serious fiscal crisis - and what 25% inflation would actually look like
- How the British establishment "lost its faith" - and why our politics has been broken for 20+ years
- The £180 billion in spending cuts Lilico thinks should be the BASELINE, not the radical option - plus Bank of England independence, the triple lock, and the inflation-targeting "surrealist game"

Andrew Lilico is one of Britain's most prominent economists. He is Executive Director and Principal of Europe Economics, Chairman of the IEA's Shadow Monetary Policy Committee, and a regular commentator on UK economic policy.

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