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Dan Davies
dsquareddigest.bsky.social
did:plc:oogx5uk7egcpeavtomox43wn
... But they didn't have adequate capital levels for an extreme tail risk of an absolutely bizarre budget. Should they have? Or is it more reasonable to say that this is the sort of risk which the Central Bank can deal with ex post by intervention, like it did? I think the second...
2025-09-01T15:19:00.143Z