LONDON FALLING: DEBT/ GDP HITS

UK LONG BOND YIELDS rising to highest levels since 1990s. Major sell off in debt markets last week. Record issuance.

DEMISE OF LIBOR finally yielding effects. Economic growth sputtering ; implying more stim spending and massive borrowing.

BORROWERS TO REFINANCE 3.3bn in 2025 alone for residential mortgages. Defaults loom.

STRONG DOLLAR is pounding the GBP and sovereign debt crisis is a risk.. In the video, Sean Foo cites key IMF data.