Good job that all that quantitative easing didn’t explode inequality, leading to a massive redistribution of wealth to the billionaires from the rest of us ….. oh hang on.
So what is the new model of growth? It is not clear from the article…
Boe will continue to chase rate rises.
Won’t make any difference
“The most basic one is that imports get more expensive, while exports theoretically get more competitive.”
Correct and this a what we need.
Our trade deficit is huge and not sustainable. This is due to EU membership and EU policy.
We need to devalue. The last time (black Wednesday) we devalued we had over 15 years of exceptional growth.
We need to rebuild our manufacturing base. The IMF has been telling us to do this for many many years.
Cheap pound will attract investment as there currency is stronger than our but. Cheap pound also makes it very volatile compared to others as shown in recent weeks
>Sterling’s depreciation is a long-term trend since it was allowed to float freely in 1971, he said, telling CNBC: “I think it’s reasonable to expect that to continue. And that’s partly because productivity and therefore competitiveness has not been very good relative to our trading partners. So that’s the long-run situation.”
Wonderful news to the elite!
Society can have all the money it wants. If theres less resources thats a bigger issue and in general.
Climate meetings happen because these problems spread especially when people are plummeting resources from the roots or unnatural disasters happen. Activists have been pouring milk on the floor and its the same all round for the consumer execpt for private estates?
My ex left me cause of the long term weak pound. I finally understand what she meant.
It’s phrase incorrectly, The article should read what a strong dollar means for the UK economy?
If you know anything about economics reasons behind the strong dollar are even more worrying
I think CNBC should focus on all the problems over there before having a go about the UK.
This is where Brexit will really rear its ugly head the cost of imports and exports will really screw us over. Those who voted for Brexit are about to see why being part of a trading bloc is beneficial in the long run. It’s easy to say we don’t need them when times are OK but a weak pound is only going to compound the effects of the loss of free trade that Leave voters inflicted upon us.
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Inflation and asset stripping.
Good job that all that quantitative easing didn’t explode inequality, leading to a massive redistribution of wealth to the billionaires from the rest of us ….. oh hang on.
So what is the new model of growth? It is not clear from the article…
Boe will continue to chase rate rises.
Won’t make any difference
“The most basic one is that imports get more expensive, while exports theoretically get more competitive.”
Correct and this a what we need.
Our trade deficit is huge and not sustainable. This is due to EU membership and EU policy.
We need to devalue. The last time (black Wednesday) we devalued we had over 15 years of exceptional growth.
We need to rebuild our manufacturing base. The IMF has been telling us to do this for many many years.
Cheap pound will attract investment as there currency is stronger than our but. Cheap pound also makes it very volatile compared to others as shown in recent weeks
>Sterling’s depreciation is a long-term trend since it was allowed to float freely in 1971, he said, telling CNBC: “I think it’s reasonable to expect that to continue. And that’s partly because productivity and therefore competitiveness has not been very good relative to our trading partners. So that’s the long-run situation.”
Wonderful news to the elite!
Society can have all the money it wants. If theres less resources thats a bigger issue and in general.
Climate meetings happen because these problems spread especially when people are plummeting resources from the roots or unnatural disasters happen. Activists have been pouring milk on the floor and its the same all round for the consumer execpt for private estates?
My ex left me cause of the long term weak pound. I finally understand what she meant.
It’s phrase incorrectly, The article should read what a strong dollar means for the UK economy?
If you know anything about economics reasons behind the strong dollar are even more worrying
I think CNBC should focus on all the problems over there before having a go about the UK.
This is where Brexit will really rear its ugly head the cost of imports and exports will really screw us over. Those who voted for Brexit are about to see why being part of a trading bloc is beneficial in the long run. It’s easy to say we don’t need them when times are OK but a weak pound is only going to compound the effects of the loss of free trade that Leave voters inflicted upon us.