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The United Kingdom's Inflation Problem Is a Global Problem
Inflation is a global problem, countries are making less money available in the economy by raising interest rates. The new prime minister lis trust just cut taxes by their most in 50 years. But that move just drop caked england's economy like a jacent state and pub fighting scene yet. To borrow money, britain now must pay more interest than italy or greece would pay to borrow oney. So investors are starting to treat the united kingdom as if it were turkey. And you can see that treatment in the bond market, exactly jack cause.
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