Thursday, June 27, 2019

Old but interesting article

Are UK House Prices Heading for a Post Brexit Meltdown

Published in January, but has some interesting figures from historic crashes.

Posted by tenyearstogetmymoneyback @ 07:01 PM (2315 views)
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2 thoughts on “Old but interesting article

  • tenyearstogetmymoneyback says:

    I just found that the link doesn’t work as I expected. I am not an FT subscriber and found and read the article using Google without any problem Maybe the same will work for you

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  • stillthinking says:

    You can search on incognito mode in the browser and get it ( my financial acumen not extending to an ft subscription…)

    Its an interesting article but of course there will be a government response, every single time there is any kind of economic event the UK devalues, and devalues substantially. Look at the 20 year chart against the yen
    https://www.macrotrends.net/2556/pound-japanese-yen-exchange-rate-historical-chart
    These are nearly 50% devaluations!

    The pound is going to get walloped as soon as Brexit, not because of economic uncertainly/crisis, but because of the cover provided to the BoE, and then that just leaves the Schiff viewpoint which is that the central banks -cannot- reinflate anymore that they are on the point of inflation.

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