Economics2 June 11<2 June 11 Telegraph: Banks buy bulk of £39.8bn of new gilts by Toby Baxendale The Telegraph reports: Banks bought 91pc of the £39.8bn of net issuance of new gilts with purchases totalling £36.1bn, compared to the £11.4bn of…
Economics2 June 11<2 June 11 At Last, the Death of Politics by Detlev Schlichter For over a year now the Eurocracy has tried to put Humpty-Dumpty together again, to somehow restore belief in the solvency of the European…
Economics2 June 11<8 June 12 The Economist’s Perfectly Useless Gold by Paul Tustain Would you – or China – rather own gold 8 years from now, or US Treasury bonds…? ON THE LETTERS’ page of The Economist…