Threadneedle Street?I can see a real shitstorm on Friday, this Government will have people rioting on the street before they are through.
We're in a mess, I'm fearful for what lies ahead of us, we've got absolute charlatans running ( or not) the country, how have we allowed this to happen, how do totally un qualified idiots control the country, everything they touch turns to shit, my kids and there kids and there kids will be paying for this incompetence for years to come.
So where are they getting the money from if not cutting spending?
They'll do what every uk government has done .... print it (cos you cant borrow sterling off anyone other than the BoE)
Here's an explanation
Stop thinking that you run an economy like you run your own household budget .
Can anyone help on mortgages?
I am on my 1st one, I got a 5 year fixed in March 2020, paying approx £ 650 a month with Nat West.
I get really anxious on stuff but am I right in saying I can't do anything until at least another 2 years when it comes to getting a new deal? Just don't know whether I should be doing anything now, my parents are no longer alive so I'd usually ask good old Dad for some advice. Cheers
Which will only worsen the economic issues further, leading to vicious cycle of monetary interventions begetting instability beggeting monetary interventions, as it already has.
You cannot print your way out of hyperinflation, self-inflicted export decline, and gross fiscal mismanagement.