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Oliver Sutton

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Its the north sea oil effect. More and more energy needs to be imported with every month that goes by.

And more and more food. And more and more units of consumption (immigrants) arriving making it more and more difficult to ever achieve a trade balance and thus more and more difficult to achieve a balanced budget.

Immigration is only good if resources exploited exceed those exploiting them.

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Last qtr's deficit also revised up £2,5bn to £13bn.

http://www.statistics.gov.uk/cci/nugget.asp?ID=194

It's as bad now as 2007 before the pound lost 30% of it's value.

Pound still way overvalued. Get out while you can.

So much for exporting our way out of recession - but hey, we get the cost of living inflation anyway. <_<

Thankfully I was already about 50% out of sterling ... now seriously thinking about taking that proportion up to 90% non sterling assets/currency.

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And get into what? Where is the General, I think he has an idea what to do.

That's a bubble waiting to burst too.

CHF is the wise move

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That's a bubble waiting to burst too.

CHF is the wise move

I live here, if the CHF strengthens further it will start to give the Swissies a problem.

There is no safe haven, that's the truth, so diversify.

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I live here, if the CHF strengthens further it will start to give the Swissies a problem.

There is no safe haven, that's the truth, so diversify.

Serves you right for stealing our Kit-Kats.

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  • 309 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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