"The infamous Oxford Street..." oh dear...

Thank you! In other words, if this goes tits up, the retail deposits are possibly also endangered? Given the long maturities, the sensitivy to interest rate increases is probably also not to ignore completely?

Dumb question: who are the big holders of OFZs? Banks? Institutinal investors? Private savers?

And there would be scores of Stella-addled dimwits in the streets, shouting something about foreigners while setting wheelie bins alight

Also, everyone you don't like is a paedophile

There is some worry that part of the bubble has been financed through the direct lending sector, to which in turn the banking sector is exposed

Also, giving military weapons to every doofus & his dog

Don't mind the guys, one too many breakfast cognacs today

this is probably not the main point here, but isn't this in direct contradiction with Trump's obsession with trade surpluses? I would expect that dollar's function as reserve currency creates pressure on capital account surplus and thus current account deficit

being a middle-aged Londoner, I sometimes stay out past midnight in clubs / bars near Farringdon with the clear purpose of drunkenly shopping for quality steaks and unreasonable amounts of minced beef at Smithfield. Will really miss that

The inflation might also be good for Russian military in short term, as it will push more men into army. But it will be really bad for all industries importing intermediary products from abroad, among other weapon production. Maybe it will reinforce the trend towards unsupported infantry attacks?