BBCNEWS Newsnight February 6, 2018
Rates potentially going up faster than expected makes profits harder to earn, and shares relatively less attractive. And the good news spin is that higher rates are the result of growth, so these are problems of success. Which is all reassuring. But theres a bigger way of looking at this that this is a turning point. We had a crash ten years ago; we still havent got back to normal and this kind of disruption isjust a starter as to what to expect as we do. The banking crisis of ten years ago has spread across the west and was like an economic heart attack, leaving banks slow to lend so companie...
Source: archive.org
