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The article focuses on a research which suggests that the advantages of an expensive education remain robust for most privately schooled children in the Great Britain and the U.S. It informs that 75 percent of private-schoolers in the U.S. go to institutions with religious affiliations which operate on fees that are similar to, or less than, per-pupil funding in government schools.

The article discusses the Australia, United Kingdom, U.S. (AUKUS) Pact that mandates the three countries to collaborate in designing and constructing nuclear-powered submarines that will be armed with conventional weapons for Australia. The project will use the design of the UK's future attack submarine and U.S. technology. Also cited are the challenges in training the officers and crews of a nuclear submarine.

The author explains the reasons why the Australia, United Kingdom, U.S. (AUKUS) Pact, in which the three countries will co-design and fabricate a next-generation submarine, is a feasible model for Western allies to bolster their military defense. Also cited are how the pact bolsters the West's competition with China, and how the deal could trigger an arms race and disrupt regional stability.

The article discusses the economic concerns associated with the wage-price spiral which tend to contribute to inflation in the U.S. and Great Britain. Topics explored include the recorded increase in wage rates in both countries, the decision of the U.S. Federal Reserve System (FRS) to leave interest rates unchanged, and the link between excessive spending wage-price spirals.

The author discusses the global fiscal policy with particular focus on the budget and debt of the British and U.S. governments. Topics explored include the fiscal policy needed to address high inflation and low unemployment rates, the cost of the debt-service of the British government, and the net public debt outlook following the lifting of the U.S. federal debt ceiling.

The article shows the trend of decline in 10-year government bond yields since 1311. It shows the percentage of decline in 10-year government bond yields in the U.S., Great Britain and Germany from 2015-2021. It looks back at the decline in long-term yields relative to interest rates and inflation dating back to the 1300s and identifies key points in history when the path of interest rates changed including the Black Death pandemic and a wave of sovereign debt defaults in the late 1550s.