War bonds and socialism ‘reassure’ Burnham’s financiers

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  • Post last modified:22 June 2026

When the press tells us we should be “reassured” by Andy Burnham’s economic team, we should be worried. Bloomberg’s headline says it all: Burnham’s Finance Friends Are a Reassuring Bunch What follows in the article is an admission that Burnham has surrounded himself with the very architects of the system that he is seemingly rebelling against.  These are the men reassuring the bond markets: Jim O’Neill (Goldman Sachs), Andy Haldane (Bank of England), and Richard Hughes (the hedge fund man). That should tell us everything we need to know. Bloomberg seemingly praises Andrew Haldane’s plans for “war bonds to boost defense spending”. They…

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