Discover
The John Batchelor Show
#LONDONCALLING: @JOSEPHSTERNBERG @WSJOPINION Joseph Sternberg: discusses the alarming speculation that the UK and France might require IMF bailouts due to their enormous debt piles and fiscal deficits, and a political inability to implement austerity me

#LONDONCALLING: @JOSEPHSTERNBERG @WSJOPINION Joseph Sternberg: discusses the alarming speculation that the UK and France might require IMF bailouts due to their enormous debt piles and fiscal deficits, and a political inability to implement austerity me
Update: 2025-09-03
Share
Description
#LONDONCALLING: @JOSEPHSTERNBERG @WSJOPINION
Joseph Sternberg: discusses the alarming speculation that the UK and France might require IMF bailouts due to their enormous debt piles and fiscal deficits, and a political inability to implement austerity measures. He notes the UK is exhibiting "precrisis" signs with a weakening pound and rising long-term borrowing costs, reflecting a loss of investor confidence in its economic growth. Sternberg concludes that these major economies are too large for a traditional IMF bailout, implying they must address their fiscal challenges internally to avoid a financial crisis.
1850 BANK OF ENGLAND
Comments
In Channel
00:00
00:00
x
0.5x
0.8x
1.0x
1.25x
1.5x
2.0x
3.0x
Sleep Timer
Off
End of Episode
5 Minutes
10 Minutes
15 Minutes
30 Minutes
45 Minutes
60 Minutes
120 Minutes
