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Re: Truss backs down on cut to top rate of tax

By: Cactus Flower in ALEA | Recommend this post (0)
Mon, 03 Oct 22 4:35 PM | 16 view(s)
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Msg. 47339 of 54959
(This msg. is a reply to 47334 by Cactus Flower)

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I think there are concerns about Credit Suisse and Deutsche Bank. My guess is they won't be allowed to fail in the way Lehmans was. We know that model doesn't work well.

Maybe the German and Swiss governments will provide support in some way so as to provide confidence if they look like failing. Not sure if that means nationalisation or something different.




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The above is a reply to the following message:
Re: Truss backs down on cut to top rate of tax
By: Cactus Flower
in ALEA
Mon, 03 Oct 22 3:42 PM
Msg. 47334 of 54959

I think it will be put down to being new in the job.


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