Damus
Laeserin profile picture
Laeserin
@Laeserin
We're back to summer of 2007, in bonds.
We all remember what happens next, but this time the Chancellor has no funds left to bail anyone out.


91โค๏ธ3๐Ÿ˜‚2โœ…1โค๏ธ1๐Ÿค™1๐Ÿคž1
nostrich · 1w
Why would he need funds when he can just create it out of nothing?
C.S.Burner ๐Ÿช™โžก๏ธ๐Ÿ”ฅ · 1w
The central bank has all the money to bail out everyone. Money printer go brrrrr.
inpc · 1w
No eat of for ยฃ5 either. Barely get a coffee for that now. ๐Ÿ™
Akashi Hyogo · 1w
Chancellor never had any funds.
ARVIN · 1w
The chancellor will be on the brink of something
Cykros · 1w
Alistair Darling didn't have funds either, but he did have access to credit markets. Not sure John Healy has the same benefitbat this point. Might need to just outright monetize the debt directly by selling directly to the BoE's money printer...