Birdwatch Note Rating
2025-02-09 09:18:16 UTC - HELPFUL
Rated by Participant: 34E5E32139834AFFF9DCA5CF0390209161D8FA9409444FE8D5947C627F0FCE0A
Participant Details
Original Note:
There is clear agreement that the policies proposed and/or implemented in Truss's 2022 'mini budget' directly led to a strong negative market response that was unlikely to have been seen without them. The subsequent LDI crisis was a consequence of the then PM's decisions. https://en.wikipedia.org/wiki/September_2022_United_Kingdom_mini-budget https://www.bscapitalmarkets.com/how-liz-trussrsquo-government-led-to-pension-funds-chaos1.html
All Note Details