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Converted Lurker

Why The Fragile Us Economy Is A Threat To Us All

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"America basically has all the same problems the UK is suffering at the moment. But as with most things American, they are bigger. What is unusual is that, for once, we're ahead of the US in terms of how things are unfolding. But they're catching up."

http://firstrung.co.uk/articles.asp?pageid...articlekey=1230

Edited by Converted Lurker

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"America basically has all the same problems the UK is suffering at the moment. But as with most things American, they are bigger. What is unusual is that, for once, we're ahead of the US in terms of how things are unfolding. But they're catching up."

They do have some large areas where prices have not significantly appreciated.

On the other hand some of the US forums and blogs tell some truly hair-raising stories about US lending and borrowing practices, far worse than anything I have read about in either Australia or the UK.

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I'm not sure if it's better to think of America as 50 separate countries, loosely affiliated by the fact they all go to war together.

But there is an fragility about their economy mainly due to oil, and it's high pricieness. They must put it on their breakfast the amount they get through.

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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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