if interest rates went up significantly it would ruin the London market as borrowing huge sums of money would be untenable for most. I don't think that would happen as it would also ruin the spending power of a lot of the nation.
If inflation goes rampant we are fucked.
Unless it comes with wage inflation. That would be rad. If you've just borrowed a large sum of money.
Wage inflation. Lol.
@Howard started
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if interest rates went up significantly it would ruin the London market as borrowing huge sums of money would be untenable for most. I don't think that would happen as it would also ruin the spending power of a lot of the nation.
If inflation goes rampant we are fucked.