U.K.: Bank of England Warns of "Doom Loop"

Calculated Risk... | Sat, 11/07/2009 - 10:08am | 3 comments

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From The Telegraph: Bank of England says financiers are fuelling an economic 'doom loop' On the eve of the G20 meeting of finance ministers in Scotland, Andy Haldane, the Bank's executive director for financial stability warned that the relationship between the state and banks represents a "doom l
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U.K.: Bank of England Warns of "Doom Loop"

Calculated Risk... | Sat, 11/07/2009 - 10:08am | 3 comments

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ed hardy

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