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RE: Why the Bank of England's attempt at avoiding recession may make matters worse...
Since writing this, the Bank of England decided to keep interest rates at 0.5% but the market is now expecting a huge QE package in August and possibly a rate cut to 0%!
http://www.gatestoneinstitute.org/8443/brexit-eu-meddling#.V4w3Dot1C1w.twitter