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Oh Dear, Oh Dear Mr Myopic Chancellor

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So the west bought itself out of a recession (on the surface at least) whilst the East fuelled their economic expansion. Please correct me if I am wrong as I know little about economics, but it seems that there is just too much global money supply and nowhere for it to go but stocks and commodities now that other assets such as property are saturated.

Inflation is rearing its ugly head again and the B.O.E are running about like headless chickens as increasing rates is the only solution. But if they do so it will kill the economy, break the banks of consumers that have piled up historic debt and expose the whole 'new labour economic miracle' for the sham it always was.

Who was it that alluded to the HPC as the Emperors New Clothes? I think your metaphor has been attached to the wrong subject mate.

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?

      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%

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