A thought occurred to me whilst coming home from holiday yesterday. A nagging concern hit me. Have we suffered a coup d’tat? Those who have
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The masters of the universe are falling off their perches
The FT noted this yesterday afternoon: Let me be clear: an investigation is not proof of guilt, and I am not suggesting that there is
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Tackling the climate crisis and quantitative tightening don’t mix
The FT has an article this morning that focuses on the aftermath of the bipartisan agreement to lift the US debt ceiling. In the article
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Central bank digital currency, anyone?
I am taking part in a discussion on central bank digital currencies (CBDC) this evening. The event brings together these speakers 6pm on Zoom: –
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Suppose we have an interest rate / inflation spiral now, and it’s been created by the Bank of England?
I wrote this tweet yesterday: Suppose we have the highest inflation except for Argentina and South Sudan because the Bank of England has forced companies
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Things can only get worse if the Bank of England continues to get its way
Wednesday’s inflation news has provoked a perverse reaction. Although inflation fell considerably, because a bigger fall was expected, financial markets are now speculating that Bank
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New York is sinking, and its bankers could go down with it
As the Guardian reported yesterday: New York City is sinking in part due to the extraordinary weight of its vertiginous buildings, worsening the flooding threat posed
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The Bank of England is now totally out of control
The banking system is just a charade as the failure of First Republic in the US proves
This weekend saw the second-biggest bank failure in US history. As the FT reported yesterday, US bank, First Republic was closed with the active involvement
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