Return of Covid-Style Shortages and Inflation?

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Do you remember when Covid led to empty shelves, panic buying of toilet paper and then when it all ended – a surge in inflation? It was only 3 years ago, though it feels longer. However, US stores could soon see looming shortages as 145% tariffs on China caused a sharp drop in US imports …

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UK Economy Set to Deteriorate in 2025

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It’s not been a good week for the UK economy with the Bank of England downgrading economic growth and upgrading inflation forecasts. We’re heading for stagflation, the worst of both worlds. If you wanted more bad news, the Bank of England warned that productivity growth may actually be even worse than the pretty dismal statistics …

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10 Reasons You Can’t Afford to buy a House

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Do you remember the days when you can afford to buy a house with a modest income and small deposit? I don’t. I’m middle aged, but the last time house prices were affordable, I was trying to buy football stickers rather than a 3 bed semi. 10 Reasons You Can’t Afford to buy a House?Watch …

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UK Economic Decline During Past 100 Years

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In 1913, Britain was the largest trading nation in the world. 50% of global capital investment came from London. It was an economic powerhouse which defied its small size. But, in the past 100 years, the pound has devalued and the UK has seen a steady decline in relative importance. Some of this was inevitable, …

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Why Denmark is rich despite high taxes?

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Denmark is an economic powerhouse with a GDP per capita higher than Germany, Netherlands and the UK. It is one of the richest countries in the world, but remarkably unlike Norway has no particular oil riches. Also, it has achieved its wealth despite having one of the highest tax rates in the world. What is …

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Venezuelan Economy – From Riches to Economic Disaster

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In the 1970s Venezuela was widely admired for its functional democracy and the highest living standards in Latin America. There was good reasons to be optimistic. Venezuela has the largest known reserves of oil in the world. Greater than Saudi Arabia, Iran and the US. Yet in recent decades, the economy has lurched from crisis …

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The Spectacular Decline of the UK Coal Industry

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In 1984, Arthur Scargill passionately spoke to 140,000 miners to fight for their jobs, communities and livelihoods. Coal was the black gold which kept the country going. Coal miners were the working class heroes, with the capacity to bring down a government or fuel the engine of the economy. After descending a coal mine in …

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