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Casual Observer

Latest Trade Deficit Figures

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Just seen on Teletext that July's trade deficit grw from 2.2 to 3.4 billion in July, worse than expected.

Does anyone have a view on what this means for the future of IRs/house prices etc.?

It should mean interest rates go up, but in this new economy it doesn't matter how bad any stat is apart from house prices.

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Deficit..

You want a deficit..

Try £600,000,000,000 of extra debt durring the boom

If all of this debt was interest only.. and if it was only being paid back at 5% interest..

Thats £30,000,000,000 within our economy..

That we have to find from somewhere..

and the Economy has to do without.

and now the mewers have slowed their borrowing by about £18,000,000,000 a year its not being replaced by borrowing to spend..

We are doomed.. economically.. in the UK..

would you believe that a labour government would drive us to ruin..

and our trade.. looking bad? really....?

shocked.

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Deficit..

You want a deficit..

Try £600,000,000,000 of extra debt durring the boom

If all of this debt was interest only.. and if it was only being paid back at 5% interest..

Thats  £30,000,000,000 within our economy..

That we have to find from somewhere..

and the Economy has to do without.

and now the mewers have slowed their borrowing by about £18,000,000,000 a year its not being replaced by borrowing to spend..

We are doomed.. economically.. in the UK..

would you believe that a labour government would drive us to ruin..

and our trade.. looking bad? really....?

shocked.

I like to replace inteligent discussion with sarcasm

:) and poor spelling

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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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