The banks could perhaps parcel up their high risk property finance book and sell it off as bonds, rinse and repeat, thus freeing up capacity to make ever more and ever more riskier loans. Those bonds… (View Post)
Hmm, ok, noted. But I do think we should wait for a few policies and outcomes before writing the book. Anyway, off to the Red Wall now. I might be some time. (View Post)
@Garethofthevale - thanks, read it now, very interesting. I'd say the 1979 revolution was in the top tier of 20th century events for momentousness. It'd be great if we could soon see the world's firs… (View Post)