Sunday School: Canadian Club anyone?
Summary
Quiet Riot discusses the geopolitical shift as Canada pursues EU associate membership, raising concerns that the UK may be left behind in strategic and economic partnerships. The hosts also analyze the escalating security threats from Russia, including drone strikes near Poland, and the urgent need for a broader European defense union. Finally, they provide a beginner's guide to bond markets, explaining how rising yields impact government borrowing costs, mortgage rates, and the upcoming UK budget.
Topics discussed
Bloomberg sponsorship and show intro
Listener request for book and media recommendations
Review of 'London Falling' by Patrick Radden Keefe
Discussion on the TV show 'Traitors'
Review of 'Unremembered Places' by Patrick Baker
Show logistics, Slow Horses, and sponsorships
Canada's application for EU associate membership
Implications of associate membership for the UK
UK-EU trade summit delays and political tensions
European defense security and NATO concerns
Shopify sponsorship segment
Introduction to the bond market explainer
Defining bonds, gilts, and yields
How rising yields impact household borrowing
Fiscal headroom and government borrowing risks
The 2022 mini-budget bond market crash
Current bond yields and budget constraints
Global bond trends and wealth taxation debate
Listener questions, Lib Dem policy, and credits
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