Because this is clown world. BoE prints money to make creditors whole? Imagen from there the price of gold rally’s after a shakeout of paper gold. Is that what you’d expect to happen?
If it wasn't clown world, then they would go bankrupt, stiff their creditors, and disappear forever.
Because this is clown world. BoE prints money to make creditors whole? Imagen from there the price of gold rally’s after a shakeout of paper gold. Is that what you’d expect to happen?