I posted this thread on Twitter this morning: Amazon forecast yesterday that it will make sales up to $15 billion dollars less than previously anticipated
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The government can set interest rates in the situation we are now in, and should be doing so
Ministers are trotting out the opinion that the Bank of England sets interest rates and so any coming mortgage crisis is not their fault. Therese
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Kwarteng is planning a raid on the central bank reserve accounts – and would win my support if he did
The Financial Mail has reported that: It is understood that the Treasury is weighing up a number of options to tap banks for cash. These
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The Bank of England hasn’t lost a penny because of QE – because it was impossible for it to do so
The FT has an article this morning headed: The opening couple of paras read as follows: The article goes downhill from there. Whilst it is
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Neoliberalism is seeking to destroy our economy: we’re going to have to stop it
I posted this thread on Twitter yesterday evening: The Bank of England is widely expected to raise its interest rates again soon. If central bankers
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Are banks in trouble?
There has been much discussion in the financial media over the weekend about the supposedly perilous state of Credit Suisse and the not much better
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Mortgage costs are another economic crisis waiting to happen.
It’s time for a radical shake up of the Monetary Policy Committee
Larry Elliott reported the proposal Danny Blanchflower and I made last week for reform of the Bank of England Monetary Policy Committee in the Guardian
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We need a proper windfall profits tax
According to Bloomberg this morning: UK gas producers and electricity generators may make excess profits totaling as much as £170 billion ($199 billion) over the
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