The Intergenerational Burden of the Debt: Nick Rowe Tempts Fate Weblogging: Hoisted from the Archives

Uncertainty—fear that Brexit will be badly handled—is "killing investment and market sentiment toward the U.K", says Marcus Ashworth. Therefore, says Marcus Ashworth, let's choose a Prime inister—Boris Johnson—guaranteed to handle Brexit as badly as possible. And Ashworth is one of the smartest, most reasonable, and most coherent of the Brexziteers. And he's an incoherent, unreasonable, and rather dim nutter:

Marcus Ashworth: Boris Johnson Is Underpriced By the Financial Markets: "Sterling could well get a lift if the former Mayor of London becomes prime minister.... The fact that several of the candidates to replace her are seemingly happy to let Britain crash out of the European Union without an agreement (with bookies’ favorite Boris Johnson foremost among them) has spooked foreign exchange traders. But plenty of people would welcome some kind of clarity.... It’s the uncertainty that’s killing investment and market sentiment toward the U.K. The flipside of this is the sense that people just want to get Brexit done...