10-14-2022, 06:52 PM
This has been coming for a while. I don't like it but I don't matter.
Sure, I don't live in the UK but the formula is the same in the US and other countries as well. When you intertwine the wall street economy with main street economy, guess who wins and guess who looses when it comes time to save someone?
Now the BOE is in panic mode. 10 year Gilt %'s (for example) are heading through the roof. They can't buy enough to stem the pension fund panic. Now they are intervening in the Repo market and taking any collateral no matter how sketchy. Sure it's all supposed to end the 14th (today). I'm not sure if I would put money on that.
Through that on top of the fuel issues and food issues, it's almost like someone planned this scary confluence of circumstances. -adjusts tin foil hat-
Sure, I don't live in the UK but the formula is the same in the US and other countries as well. When you intertwine the wall street economy with main street economy, guess who wins and guess who looses when it comes time to save someone?
Now the BOE is in panic mode. 10 year Gilt %'s (for example) are heading through the roof. They can't buy enough to stem the pension fund panic. Now they are intervening in the Repo market and taking any collateral no matter how sketchy. Sure it's all supposed to end the 14th (today). I'm not sure if I would put money on that.
Through that on top of the fuel issues and food issues, it's almost like someone planned this scary confluence of circumstances. -adjusts tin foil hat-