Gilt Trip: Did UK government bonds almost blow up the financial system?
Many Happy Returns
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Is the Growth Plan a Good Idea?
I think it was a combination of unlimited downside in the electricity and gas market. The government would have been liable for that and it was going to fund it with guilt, he says. And then at the same time, you're cutting taxes, which is going to reduce the government's income,. I mean, it's literally what someone who's economically and financially illiterate would do - so everyone says it's spooked the market.
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