India Bans Rice Exports?, The UK Gilts Crisis, Home and Huawei
Multipolarity
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The Guilt Market and the UK's Current Account Deficit
The deficit numbers that we currently have are astronomically high for the UK. You're right that it's a canary in the coal mine insofar as the fundamental issues facing Britain and Europe are the same. The Bank of England has to step in and buy those guilt, and so sterling falls accordingly. I think the guilt market is worth keeping an eye on. If and when a recession hits, everyone will be talking about unemployment and GDP growth.
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