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Yes, Jon, missing the obvious signs of a coming crisis is morally unserious, bordering on lunacy. It is to be hoped that if and when realists next come to power we do better, particularly in terms of discipline, constraint, and seeing off problems before they become septic. That is the sign of leadership. Fondly, John

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I keep thinking.... are we insane? It seems the political decision culture is "well, we don't have an economic crisis yet so we must be just fiine and still have a lot more money to spend!" There is no discipline and constraint. This seems eerily like the type of group think that preceeds every major crisis.

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I remember when I started following you, I had to look up hawkish and foreign policy blob because I didn’t know that was “a thing.”

I have no shame in that, btw! Lol. Take care, John!

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