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(CNBC)   Bank of England Governor says the quiet part out loud, warns that parts of the UK economy are 'not viable'   (cnbc.com) divider line
    More: Scary, Bank of England, Monetary policy, Bank of England Governor Andrew Bailey, Central bank, Federal Reserve System, Interest rate, central bank's economic outlook, evolution of the Covid-19 outbreak  
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542 clicks; posted to Business » on 06 Aug 2020 at 11:18 AM (11 weeks ago)   |   Favorite    |   share:  Share on Twitter share via Email Share on Facebook



6 Comments     (+0 »)
 
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2020-08-06 10:52:17 AM  
You say, old chap?
 
2020-08-06 11:29:49 AM  
Care to tell anyone which parts are not viable or should we just guess?
 
2020-08-06 11:47:19 AM  
If he was honest, he was talking about National Health.
 
2020-08-06 11:48:05 AM  

sleze: Care to tell anyone which parts are not viable or should we just guess?


I skimmed TFA and couldn't figure it out. Maybe it's just general fearmongering?

But anyway.

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2020-08-06 12:17:37 PM  

sleze: Care to tell anyone which parts are not viable or should we just guess?


He's talking negative interest rates.  So keeping your money in a bank would not be viable.
 
2020-08-06 12:19:04 PM  
TFA: And he's the alleged optimist.
 
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