The Finance Curse: Housing, Banks and Crisis.

In this podcast, I talk with John Christensen, co-founder of the Tax Justice Network, about whether Britain can escape the final stage of a decades-long inflationary cycle without social and political rupture.

We explore Jersey as an early warning of the “finance curse,” the extraordinary scale of the housing shock, the generational wealth divide engineered by decades of rising house prices, and why younger people are locked out of economic security.

We discuss how government policy helped create the crisis, why zombie banks are now vulnerable to falling asset prices, and what the end of a long inflationary wave has meant throughout history.

We end with the reforms that could save Britain: mass social housebuilding, capital controls, redirected savings, and democratic control of credit creation.

The choice now is stark: reform or rupture.