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Heresy Financial
Sep 29, 2022
Breaking news, the UK is breaking! The UK just had a major move in financial markets with number one, the Bank of England reversing course, pivoting and now committed to unlimited quantitative easing, buying up as many government bonds as needed to stop the financial crisis that was unfolding within hours centered around pension funds, invested in government debt with massive leverage.
This is all tied in as well to the tax cuts that were recently posed from the government that were causing a big strain on financial markets through increased borrowing costs to the government. And I’m going to explain everything that’s going on right now and what might happen next.
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