Daniel Hannan: our debt is now a national security threat
Is Britain’s own debt now as dangerous as any foreign rival? This week on The Capitalist, Marc Sidwell speaks to Daniel Hannan, the writer, peer and former MEP who has just taken over as Director-General of the Institute of Economic Affairs – Britain’s original free-market think tank – at a moment when state spending sits at 46% of GDP.
He makes the case that in an increasingly dangerous world, Britain’s economic weakness is a vulnerability we can no longer afford. With debt at £3 trillion and history suggesting our power abroad has always rested as much on deeper, cheaper capital markets as…
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