Tag Archives: bank of england
Who Else Bought BlackRock’s LDI Swindle Products?
The recent collapse of the United Kingdom (UK) gilt market’s long maturities, which required Bank of England (BOE) purchases of tens of billions of pounds of long gilts to stem a Lehman moment, shined a spotlight on something called liability driven investing (LDI). Continue reading
Posted in Government Debt, MN Gordon
Tagged bank of england, blackrock, larry fink, ldi, public pension funds
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The Great Money Caper
Several weeks ago we alerted you to the burgeoning currency wars and the new age of desperation. If you recall, nations, in unison, are attempting to export their way to prosperity by killing their currencies. Unfortunately, if everyone’s doing it, … Continue reading
Posted in MN Gordon, Politics
Tagged bank of england, bank of japan, currency, dollar, euro, european central bank, federal reserve, people's bank of china, pound, yen, yuan
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