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Comments by "Greg Greg" (@SlowhandGreg) on "Andrew Marr: What's the point of this new government? | LBC" video.
It had the possibility of destabalising world bond markets as it is government debt is +2% more expensive than 10 days ago and the BOE has pumped 60 billion into the system in QE to stop a bond collapse
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@Cat10980 ? You can't stimulate the economy by pumping money in at the top there is a Supply Side Shortage of essential commodities (Food and Energy). You need to solve the energy and food shortages first by I dunno increasing renewables ASAP And Sorting out domestic farm production increasing home grown supply.
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The nickname is Blunder Truss
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@kinginthenorth5267 there's still 50 billion in unfundeded tax cuts debt to GDP at > 100% and a market response which has increased government borrowing costs by +2% in the last 10 days We have now thanks to this bunch the real spectre of housing market crash as the base rate is likely to go to 5.5% and borrowing rates will be 7/8%
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