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Uk Would Be 'derailed' By New Eurozone Crisis, Bank Governor Warns

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UK would be 'derailed' by new eurozone crisis, Bank governor warns
Philip Aldrick, 12:11, Monday 13 December 2010
A second eurozone sovereign debt crisis would derail Britain’s recovery and there is little policymakers can do to prevent it, the deputy Governor of the Bank of England has warned.
In a speech at the Market News International Annual Seminar, Charlie "Mr. " Bean cautioned that “an intensification of the difficulties in the euro-area periphery could also derail the recovery here”.

A EZ crash plus jobs losses here might providfe the necessary one-two knock out punch for HPI.

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Yep. Setting out the stall for more bailouts.

I agree - money has no value and can be easily created by central banks. There's no way the euro is going anywhere. Although I hope I'm wrong.

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  • 284 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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