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@nothisipatrick: If you had a hard time with our wax kits, This wax kit is so easy to use #tresswellnesswax #waxkit

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Thursday 09 July 2026 15:35:44 GMT
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Gilt yields at 30-year highs. Banks under pressure. Companies cutting costs. The pattern looks uncomfortably familiar to anyone who lived through 2008. Here's the chain reaction nobody's explaining: 🔻 Gilt yields rise → mortgage rates climb 🔻 Mortgage rates rise → consumer spending falls 🔻 Borrowing costs rise → company profits squeezed 🔻 Profits squeezed → job cuts and bankruptcies 🔻 Bank lending tightens → credit crunch territory Are we heading into another 2008? My honest read after 15 years trading through every major crisis: probably not. Three reasons: 1️⃣ The government will respond — tax cuts, increased benefits, fiscal support 2️⃣ The Bank of England can print money, and they have the playbook from 2008/COVID 3️⃣ The worst of the Iran war shock is likely already in market prices This feels like 2008 from inside it. But the policy response is different, the banking system is in different shape, and central banks have tools they didn't have then. 📥 Save this for when the headlines get louder. 👀 Follow @fitterfinance for macro commentary that won't try to scare you. ⚠️ Education, not advice. My opinion based on current information. Markets change. #ukfinance #ukeconomy #ukinvesting #ukmoney #macroeconomics
Gilt yields at 30-year highs. Banks under pressure. Companies cutting costs. The pattern looks uncomfortably familiar to anyone who lived through 2008. Here's the chain reaction nobody's explaining: 🔻 Gilt yields rise → mortgage rates climb 🔻 Mortgage rates rise → consumer spending falls 🔻 Borrowing costs rise → company profits squeezed 🔻 Profits squeezed → job cuts and bankruptcies 🔻 Bank lending tightens → credit crunch territory Are we heading into another 2008? My honest read after 15 years trading through every major crisis: probably not. Three reasons: 1️⃣ The government will respond — tax cuts, increased benefits, fiscal support 2️⃣ The Bank of England can print money, and they have the playbook from 2008/COVID 3️⃣ The worst of the Iran war shock is likely already in market prices This feels like 2008 from inside it. But the policy response is different, the banking system is in different shape, and central banks have tools they didn't have then. 📥 Save this for when the headlines get louder. 👀 Follow @fitterfinance for macro commentary that won't try to scare you. ⚠️ Education, not advice. My opinion based on current information. Markets change. #ukfinance #ukeconomy #ukinvesting #ukmoney #macroeconomics
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