Since the majority of British government bonds are held by the Bank of England, or long-term investors like pension funds and insurance companies, it does not take very much buying in the bond market to force up the price of the bonds. ..…
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Stretching from Cayman Islands to Gibraltar, from UK's military bases Cyprus to the US military bases on British Indian Ocean territory, Overseas Territories spin web around the world, allowing the mega-rich to launder their spoils in the shadow of empire and prompting the expert on the mafia to call..…