Post · bonfire.cafe

@junesim63@mstdn.social · yesterday

Economist Daniela Gabor talks through the threats from the bond markets in today's Guardian briefing.

“If whichever government you vote for concedes to the power of the bond market, nothing transformative can happen. If you simply always follow what bondholders dictate, you cannot do progressive politics or implement progressive economic policies.”

#BondMarket #Finance #UKPolitics

https://www.theguardian.com/world/2026/may/18/monday-briefing-is-the-bond-market-making-britain-ungovernable

Monday briefing: Is the bond market making Britain ungovernable?

In today’s newsletter: The fate of Liz Truss is a warning to any PM who is thinking of implementing radical economic reform. But does the need to appease the market mean real political change is always out of reach?

#bondmarket #Finance #ukpolitics

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Jordan Biserkov

@jbiserkov@mas.to · 22 hours ago

@junesim63
Yes, indeed. There is another way:

https://dialecticaldispatches.substack.com/p/financial-development-with-chinese

Financial development with Chinese characteristics

A speech by Xi Jinping was recently published along with a commentary piece. The speech has been widely quoted in Western media these past few days because it includes a clear call for the renminbi to “attain global reserve currency status.” As is often the case Western media are ignoring the thrust of the speech and reducing it to a crude challenge to the dollar.