The Bank of England issued a stark new Financial Stability Report flagging a rising risk within the finance sector for indulging in; an overpriced Ai tech market, highly leveraged non-bank & hedge fund activity. Also a sovereign debt fragility is being exacerbated by the activity of leveraged gilt speculators. While in the real world SME lending has collapsed causing real-economy damage. A systemic crisis now looks more like “when” than “if”.
TueTue SepSepSepSep 2021
14:35
