How Labour Could Redefine "Debt" to Invest More
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Labour have promised to have debt forecasts falling by their fifth year in power, but their campaign promises may have financially tied their hands. So in this video, we'll look at how Reeves might shift their economic perspective to help them out a bit.
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1 - https://www.theguardian.com/politics/2024/oct/08/reeves-to-press-ahead-with-capital-spending-plans-despite-rising-debt-costs
2 - https://ukandeu.ac.uk/mais-maybes-and-may-nots-rachel-reeves-and-the-uks-fiscal-rules/
3 - https://www.ft.com/content/2fbe1549-33d4-472a-9cc0-f7791459d3a9
4 - https://www.politico.eu/article/germanys-audit-court-slams-finance-minister-christian-lindner-special-funds-again/
5 - https://www.reuters.com/markets/europe/special-funds-how-germany-gets-round-debt-brake-2023-11-17/
6 - https://www.ft.com/content/74474633-7636-454d-a365-a5d67adfa19a
7 - https://www.ft.com/content/b6dd4062-3948-4370-965e-db997e1c0eaf
8 - https://www.resolutionfoundation.org/publications/over-ruled/
9 - https://www.instituteforgovernment.org.uk/explainer/how-are-different-measures-public-debt-forecast-change
00:00 Introduction
00:52 Labour's Fiscal Pickle Explained
03:28 Bank of England Loopholes
04:46 The German Method
05:22 Move Away from Debt-to-GDP
07:12 WTF USA