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Stagflation Fears

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We've had forced stagflation for years, just not across the board to the same degree. The land and property bubble has grown far in excess of incomes both for the personal sector and for business - that is why the public are increasingly mired in debt and why business has been increasingly offshoring more and more capacity over and above what would have been done via straight competition from lower cost base countries.

In terms of goods a lot of prices have stayed static or dropped, but then so has the quality in many items in nearly every product sector, rubbish has always been cheap, now rubbish is endemic and embedded in the spend profile across the board.

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  • 295 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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