In what way is the UK currently not screwed:
- soaring inflation
- soaring cost of borrowing
- ergo soaring cost of living
- collapsing currency
- a fiscal policy at odds with monetary policy
- Erdogan economics at play
- a Conservative government cutting taxes and increasing spending
- a Labour government waiting in the wings who would further cut taxes (albeit for the less well off this) and further increase spending
It's a frankly staggering situation to have unfolded.
Submitted September 26, 2022 at 07:37AM by intrigue_investor https://ift.tt/ARzcjbn