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Dan Davies
dsquareddigest.bsky.social
did:plc:oogx5uk7egcpeavtomox43wn
... Because (imo this is the great unlearned lesson of the failure with Northern Rock) the point of a financial stability mandate being given to the Central Bank rather than an independent regulator is that the financial system can work on the expectation that self-fulfilling liquidity crises...
2025-09-01T15:19:00.164Z