"bailout of Bulb a UK energy retailer (with a mere 1.4 m customers, AT), which collapsed in Nov 21 is expected to cost > 4bn pounds = most expensive since the rescue of RBS during the financial crisis."
Wow. Notion of systemic really expanding here!
ft.com/content/95f584…
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…