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UK chaos and bond doom loop

The David McWilliams Podcast

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The Bank of England Is Buying Sterling

After the crash of Sterling, it has recovered now. That's simply because the Bank of England is intervening. And I think also these many, many years of low negative interest rates have artificially inflated financial assets everywhere and inflated debt everywhere. Humana: We've all been warning that there's going to be a day of reckoning. Seems like we're getting close to that point now.

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