Jonathan Baker-Bates
Even Thatch didn't get me as livid as Truss does on this. How the rubbery f##ck did anyone think she and Kwarteng should have been anywhere near power??
#Economy #UK #Extreme https://www.theguardian.com/business/2023/apr/04/liz-truss-pension-episode-flags-risk-of-further-financial-crises-says-imf
>Report calls for tighter regulation of non-banks as comfortable decade of low interest rates comes to an end
Liz Truss pension episode flags risk of further financial crises, says IMF

Report calls for tighter regulation of non-banks as comfortable decade of low interest rates comes to an end

The Guardian
Apr 4, 2023 at 5:56pmFedilab
Show threadMichel Bozgounov 🇺🇦 🇪🇺Apr 4, 2023
@Gilgongo Economic crisis in the UK?..
Show threadJonathan Baker-BatesApr 6, 2023
@optimiced Mostly, yes. IMF forecasts UK GDP growth of -0.6% in 2023. Lowest in the G7. But hey, IMF might be wrong - they've been wrong before - maybe we'll be -10%?
Show threadMichel Bozgounov 🇺🇦 🇪🇺Apr 6, 2023
@Gilgongo I think all this Brexit thing is the culprit for the -0.6% UK GDP prognosis. UK had access to the entire EU market, workforce, business, everything... Now things are different. :(