https://preview.redd.it/j8c7al72vnq91.jpg?auto=webp&s=cf43db14bc4983fc1ce10a5c0879e2f55eae11e6
Worth a try
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The coming credit defaults are going to be brutal…
Government bonds, it’s only a $100t market.
Makes 2008 look like you lost your pocket money.
BOE literally wheeled out the money printer and turned it on…BRRRRRRRRRRRR
May have temporarily saved the pound…
But, what is BOE QE gonna do to UK’s raging inflation?
Really shows the markets have trouble functioning without low rates.
$5B per day I read
I sawed this boat in half!!!
The margin in us treasury debt is 99% so you only need $10mm to buy $1B of debt. The problem is everyone is going to gang up on the pound and keep driving it lower. Maybe ill buy below a dollar.
Related but not, flex seal is a shit product. Didn’t stop the leak in my outdoor faucet.
Just couldn’t believe today didn’t start it, fucking a
*£65bn
*This week.
Buckle up for more of the same on the next pension payment run.