Bank of England was clueless about the "duration" of bond market stress(a 1% rate rise is a 100% rise when the rate started out at 0%, but only 10% rise if the rate started out at 10%) , which leads to a total breakdown in the British gilt edge market last week. A total breakdown, OMG, this is the BOND market for crying out loud! The same happened last year in the US bond repo market, when it took 3 days for the clueless Fed to know how to fix it.
We are on very very thin ice, with great fluctuations in EVERY market, and what was perceived as safe and sound investment can be highly volatile in a
few days like the British gilt edge market.
Same applies to countries too, look at Germany before and after 24/2/2022.
With loss of trust and confidence in investments and institutions, people will be more conservative, veer towards saving, and postpone big ticket item purchase; this recession/depression will take a long long time to get out of.
外面投資，如果有子女在英國讀書就可以因利乘便，買層樓給他們做宿舍，畢業的時候將層樓賣走，或者會發覺原來有人替自己子女交了學費，但如果子女在美國讀書就唔好咁做，否則有機會交雙重學費。