COMING SOON - Does Britain Need a Milei? with Simon French & Robert Marstrand

In the Company of Mavericks

Recently, Head of Research at Panmure Liberum, Times columnist and friend of the podcast, Simon French wrote an article in which he asked, Can Kemi Badenoch sell Mileinomics in Britain?

This was after the Conservative leader had said that she saw Argentina’s Javier Milei as her “template for government.”

An interesting thought experiment, but how serious is this idea? Is it realistic to expect the UK electorate to vote for such drastic economic reform?

Do our politicians really understand what is involved in cutting back the state as undertaken by the Milei administration over the last 18 months?

Will the Argentine experiment deliver an oven-ready case study that the UK might consider adopting in 2029?

To answer these and other questions about the economies and stock markets of both the UK and Argentina and compare notes on these very different countries, with fascinating interwoven histories, I invited Robert Marstrand, another friend of the podcast, to join Simon and I to discuss the central question…. Does Britain Need a Javier Milei?

Robert has lived in Buenos Aires for many years and writes the excellent Substack OfWealth. He believes that the UK must endure more economic and financial pain, with the potential for currency and gilt crises before it is ready to accept the Milei medicine. Even then he has his doubts.

We discuss the disconnect between the economy and the stock market, and Simon offers his stockbroker’s insight into how to pitch the UK’s longer term potential to global investors, who, after all must stay invested and for whom other options are not looking great right now. They agree that the UK has been a good place to invest recently.

We had a great discussion, but as always none of what you are about to hear is investment or any other kind of advice but for your information and hopefully enjoyment only. Please take personal financial advice before investing a penny of your money in these crazy markets.

With that said, please enjoy my conversation with Simon French and Robert Marstrand.

Brought to you by Progressive Equity.