Been listening to a colleague tell me about the new house he’s moving into in the new year, nice, well done buddy, but

Do I tell him about the governments debt black hole that is looming on the horizon, that while he will blame me, my dad and my brother for “your type leading to the mini budget fiasco”, it is actually the drip drip of ever increasing debt, ever increasing 10y yields that while he may be able to get an “affordable” mortgage in the short term, the life of affordability, even for the most optimistic will get nowhere near the end of his debt.

But he’s just glad the Labour budget means his third kid gets some benefits………. Only one question for him, who is paying for that “free money”, yeah, me, my brother and my dad, but ultimately him, with his higher mortgage repayments!!! 😳

Picture of Dan tubb, warning of bond traders just saying no and my colleague getting fully screws.