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ronnie

Reuters Articles

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The two Reuters articles say that borrowing is out of control but no IR are anywhere in sight until well into next year.

In the meantime, the rates remain accomodative (my bet is that they are actually negative in real terms) as more debt gets taken on with IR hikes waiting to bushwhack the punters later. Nice on Gordon.

I am not so sure Gordon will have control over IR as he has lost control over the economy. He cany deny inflation is real but it doesn't change things. Prices of non-discretionaries will continue to rise and the more money that is borrowed the more it will fuel inflation. There has to come a point when the borrow and spend frenzy is called to a halt and I am afraid IR are the only solution.

Edited by Realistbear

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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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