torek, 14. oktober 2025

The liquidity crisis and drowning naked

Originally posted on Michael Roberts Blog: “If there was no intervention today, gilt yields could have gone up to 7-8 per cent from 4.5 per cent this morning and in that situation around 90 per cent of UK pension funds would have run out of collateral… They would have been wiped out.”  So says a UK… damijan.org več »

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