Merryn Somerset Webb
@MerrynSW
UK Wealth, Editor at large, Bloomberg. Ex Ed in C @Moneyweek. Ex Columnist/Contrib Editor @FT Opinions personal. NED: THRG and Schroder #SharePower#
2.4K Following 66.3K Followers
Rising yields might not be about fiscal crisis. Maybe it's AI crowding out. Maybe it's oil prices. BUT rising yields will themselves cause fiscal crisis. Look at interest/GDP ratios and worry. Plus why spaceports need tunnels and why space needs defence.
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35 years of auto enrolment on median wage and you can have an inflation linked annuity of well over 20k a year. Which is fine.
