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UK chaos and bond doom loop

The David McWilliams Podcast

00:00

Can We Just End That?

A third of the guilds are owned by Bank of England, not only in theory, no longer buying except for this week. So that's one participant gone overseas investors up until a couple of months ago were very happy to buy the UK market. They switched to selling of the last couple of months. You know, if you take bad decisions all the time, and you do that constantly over a five or six year period, I believe the UK has done eventually your credibility diminishes.

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