Essays on topical issues, latest developments in UK and global economies, and answers to readers questions
Blaming immigrants and a tolerant societyPosted on October 22, 2016
I recently watched a BBC documentary (No place to call home) about Britain’s housing crisis, focusing on a suburb of London (Dagenham). It was an insight into the desperate situation many find themselves in because of a shortage of housing, very high rents and a feeling the council / government is unable to help with …...More
Was the Pound really overvalued?Posted on October 21, 2016
In recent post, I looked at whether Pound Sterling would have fallen without Brexit vote? There was a good case to say it was overvalued, but there are a few other factors I’d like to mention. Big Mac index According to the Big mac index, the Pound wasn’t overvalued at all. In fact, on this …...More
Would the Pound have fallen without Brexit?Posted on October 14, 2016
Apologies for lower posting volume recently. I am writing a book, which will be published some time in 2017. Also, in the past week I have been in New York, which has been a harsh lesson in the impact of a falling value of the Pound. Though fortunately, I earn some money in US dollars …...More
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