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Worth a read, from a respected US economist, who argues it's all an overreaction. https://www.bloomberg.com/opinion/articles/2022-09-26/truss-s-economic-plan-i
by RobinL 4y ago
Worth a read, from a respected US economist, who argues it's all an overreaction.
https://www.bloomberg.com/opinion/articles/2022-09-26/truss-s-economic-plan-isn-t-the-disaster-everyone-says-it-is?sref=htOHjx5Y&leadSource=uverify%20wall https://www.bloomberg.com/opinion/articles/2022-09-26/truss-...
Not necessarily saying I agree, but useful to have an alternative perspective
- mobiuscog 4y agoIt may be an 'intended' (short term) reaction, so Odey et al can profit from shorting the pound in the near term, considering the tight relationship.