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Perspective FT - Nothing like this has happened in 323 years - Martin Wolf 8/15 * * "Prior to January 2009, the Bank (of England) had never lowered its lending rate below 2%. But it was then lowered to 1.5%, on its way to 0.5% in March 2009 and 0.
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In the UK the economy has grown but wages have declined. Does your bond index have Chinese bonds – it will soon. The Puerto Rican teacher’s pension ponzi scheme (really several US states and cities aren’t far away from a similar situation). Headlines WSJ - Macau Casinos Face Impending Shuffling