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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

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