I have a mate who I went to once with a very serious problem. He let me explain it to him and said: “Yeah, I wouldn’t have done any of that if I was you...”
Not the most helpful advice. And not, to be frank, what you need in a time of crisis.
Huw Pill, chief economist of the Bank of England, dished out similar stuff last week: “What we’re facing now is that reluctance to accept that, yes, we’re all worse off...”
