Pound drops as 30-year gilt yields at highest level this century

6 comments

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2. Surely it’s Lizz Trusses fault, right?

3. The markets have realised how dire our economic situation is. We’re going to need either massive cuts or massive tax rises to keep the lights on, and there isn’t political will for either.

4. Here comes the debt collapse, approaching like an express train. We’re just hearing the rails begin to sing now.

   Pound will collapse, everyone will be angry, frightened, desperate. And then they will introduce their blockchain CBDC to save the day, and the masses will run for it with open arms

   Soon the rest of the world will follow suit as currencies fall like dominoes in controlled demolition of the global financial system. Interesting that we’ve been chosen to take the lead, no?

5. I’m not for one moment defending Liz Truss, she’s a moron and everything she’s done since has proved that. But where is the big media reaction to this, and not just this Gilts have been higher than her meltdown a lot recently, where is the panic selling and subsequent BoE intervention to stabilise markets?

6. Brexit benefits

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