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Debt Could Simply Vanish - DMG-network - 16-10-2013
Much of that Debt Could Simply Vanish Instead of selling its huge holdings of UK government bonds bought to finance fiscal deficits, which would push up interest rates and hamper economic recovery, the Bank of England could just “retire the debt†(cancel the bonds and write off the losses), suggests fund manager Jim Leaviss. His [...]Debt Could Simply Vanish is a post from: TheBizSense Views & Forecasting
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