Wednesday, November 21, 2007

Don’t Bank On Interest Rate Cuts

Don't Bank On Interest Rate Cuts

The November industrial trends survey from the Confederation of British Industry (CBI) shows that the 21% net balance of manufacturers saying that prices will rise next quarter is the joint-second highest since 1995. Uhuuhhhhuuuuuuuuuuuuuhuuuhuhuhu

Posted by confused76 @ 07:53 PM (808 views)
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4 thoughts on “Don’t Bank On Interest Rate Cuts

  • dohousescrashinthewoods says:

    The government will go headlong into hyperinflation to offset sudden and massive deflation. It’s going to be carnage.

    I am actually getting quite worried that the English-speaking world is very materially and presently headed to oblivion at terminal velocity.

    What to do?

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  • There is a flood of bad news and data coming through now and it seems to have intensified in the last week or so. It’s difficult to see anything other than a major downturn in the property market.

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  • In a strange sort of way this blog is becoming a bit dull and also a bit frightening. Why? because there are so many stories about problems with money supply, debt and financial hubris that it is not really news any more. I wish I could say this makes me happy but in reality, it makes me fearful about what the government will do next (hint: hyperinflation).

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  • David2004 has gone quiet –

    probably preparing all his BTL property for sale

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