Intelligence Squared

Is it Game Over for Keir Starmer? Martin Wolf for The Intelligence Squared Economic Outlook 2026 (Part One)

57 snips
Feb 15, 2026
Martin Wolf, Chief Economics Commentator at the Financial Times and bestselling author on democratic capitalism. He discusses the political fate of the UK leader and risks from fiscal vulnerability. He explores Trump-era unpredictability, tariffs, and a potential AI-driven investment boom. He warns on slower trade, dollar dominance, digital stablecoins, and the economic roots of rising populism.
Ask episode
AI Snips
Chapters
Books
Transcript
Episode notes
INSIGHT

UK Vulnerability To Fiscal Populism

  • The UK risks market disruption if a successor government pursues irresponsible, populist fiscal policies.
  • High public debt and chronic current account deficits make Britain vulnerable to bond-market shocks that could force rate hikes.
INSIGHT

Policy Driven By Personal Interest

  • Donald Trump governs by what benefits him and his circle, making policy unpredictable.
  • That shifting self-interest reduces predictability even when some broad tendencies (e.g., stance on NATO) are visible.
INSIGHT

US Fiscal And AI Demand Offset Tariff Shock

  • US tariffs had modest short-term inflationary impact because the US is a relatively closed economy.
  • A massive US fiscal expansion plus an AI-driven investment boom offset negative trade effects and buoyed global demand.
Get the Snipd Podcast app to discover more snips from this episode
Get the app