The financial dependency behind Britain's 'special relationship' with the US
By
Yanis Varoufakis
Summary
This op-ed argues that the true nature of Britain's 'special relationship' with the United States is fundamentally economic, revolving around American financiers' willingness to purchase British government debt, rather than historical, cultural, or defense ties. The author contends this financial dependency is the core burden under which every UK Prime Minister must operate, using the expected political downfall of Keir Starmer and the challenges facing figures like Andy Burnham as a framing device.
Source
bskyThe financial dependency behind Britain's 'special relationship' with the USyanisvaroufakis.euKey quotes
· 3 pulledThe true nature of Britain's 'special relationship' with the United States has far more to do with American financiers' willingness to keep borrowing to purchase British government debt than with history, culture or Britain's defence needs.
This is the burden under which every UK Prime Minister must labour.
Mike Tyson famously said, 'Everyone has a plan'
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