Liz Truss Threatens Starmer with Legal Action
Planet Normal
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Pension Schemes and Economic Misconceptions
This chapter explores the intricacies of UK pension schemes' reliance on liability-driven investments and the missteps of the Bank of England post-COVID-19. It emphasizes the misconception surrounding a sovereign debt crisis and how market volatility was more due to pension fund issues rather than Liz Truss's fiscal policies. The discussion highlights the disconnect between financial markets and policymakers, particularly in the context of rising gilt yields and quantitative tightening.
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