Blain’s Morning Porridge Nov 27th 2025 – Bond Markets, Inflation and Economic Dementia “I find it fascinating the chainsaw has become an emblem of a new golden era of humanity”The UK survived yesterday’s Pretend and Extend budget. It was a lacklustre soap-opera moment. It won’t cure the UK’s long-term issues or fix Broken Britain. If politicianswere serious about repairing the political economy of the UK – it’s time for root and branch surgery on the “frictions” that leave the nation suffering Economic Dementia!Yesterday, all economic life of the UK did not suddenly end. The economy did not fizzle away in a puff of irrefutable budget logic. Millions of UK employees did not self-combust as a result of tax changes. The political economy of the nation did not breakdown as angry mobs stormed Whitehall. We survived a budget.www.morningporridge.com

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