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Given the National Accounts do not record a measure of "superficial growth", presumably Stone means the economy did not experience a recession. On every other measure, however, Stone claims the.
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With interest rates at record lows and banks again accessing securitisation and wholesale debt markets to import cash, the frenzied buying shows. Defaults on home loans would rise. And our banks.
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His refusal to flood the banking system with cash over the past few weeks is the cause of the. s refusal to effectively subsidise the deal by providing guaranteed credit to finance Northern Rock’s.