Unnerving.

greencol

Almost knackered radge.
Private Member
Joined
Sep 22, 2002
The Bank of England has intervened to stop he collapse of pension funds.
Buying government debt in an effort to steady the economy.
An unheard of situation.
Truss and Kwarteng must be the only people who believe their actions have benefitted the UK.

Cleanyman too most probably.
Forgot about him.
 
The interesting thing about the BoE action from a Scottish independence perspective is that they're pulling a lever that we simply wouldn't have access to. Even if we issued a Scottish pound it wouldn't be strong enough for this type of action to make any odds. If we were part of the euro we'd have no control over interest rates or printing money. So we'd be forced to keep fiscal policy within a fairly narrow range, as defined by the EU, to avoid ending up like Greece.
 
The Bank of England has intervened to stop he collapse of pension funds.
Buying government debt in an effort to steady the economy.
An unheard of situation.
Truss and Kwarteng must be the only people who believe their actions have benefitted the UK.

Cleanyman too most probably.
Forgot about him.
It's beyond bammy now.
Cameron started this shit show and decision after decision after decision has ben wrong.
As Ken Clarke said the recent mini budget measures are like something out of Latin America and could lead to economic meltdown.