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2024-08-16 11:02:17 UTC - HELPFUL

Rated by Participant: 0DA6C12D77797E140535F3BD240F935029377B08D9DF50255D66D44C7F5AFBBE
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Original Note:

The Truss budget did not crash the economy. First, there was a spike in interest rates but no crash. Second, the spike in interest rates was a result of the ldi crisis, largely due to Bank of England misregulation of pensions and raising interest rates prematurely https://www.seic.com/en-gb/institutional-investors/our-insights/ldi-crisis-stark-reminder-governance-diversification-and-risk-management

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