Just don't call it a U-turn
The News Agents
00:00
Is This an Emerging Market Style Crisis?
The world economy can siphon that off because it's not a center of global commerce and finance. London and Britain is. Any idea of contagion into say pension funds or other types of markets is so potentially problematic. And that is why all of the global markets are watching this so closely. I'm wondering what the Bank of England can do. But also just because it's all self-inflicted. That was going to happen anyway.
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