MM084: Carnage in UK Bond/FX Markets – What happened, what’s next?
Market Maker
00:00
The Execution Failed - Is This Even Affordable?
The government has said it will spend up to 150 billion on freezing energy prices. But there is no plan of action as to how this will be paid for in the long term, says Nick Clegg. This means debt levels are going to spike with no plan to pay down that debt over a longer time period. The pan starts collapsing and markets start to kind of kick into panic mode because they've got half a plan about tax cuts without thinking carefully about how we're going to deal with it in the longer term.
Play episode from 08:04
Transcript
