Last week the UK economy slipped into recession. But, was it avoidable? Why are interest rates not coming down when households are facing the greatest squeeze on incomes for a generation? Although inflation is falling it is still above the inflation target, but it is a mistake to prolong a recession, when inflation is expected …
How QE Damaged the Economy and Housing MarketWatch this video on YouTube When we are young, we are taught money doesn’t grow on trees, but that’s not quite true, with QE the Central Bank can create as much money as it likes. And since the financial crisis, the Bank of England created £845 billion …
Why The UK economy is in Recession but US is BoomingWatch this video on YouTube Whilst the UK economy slips into recession, The American economy is booming. Latest figures show US growing at nearly 5%, but the UK economy seems stuck in a near perpetual stagnation. (Germany is doing slightly worse. In the past five …
Is US Economy Heading to Recession For 2024 Election – Six Warning SignsWatch this video on YouTube The US economy is currently booming with economic growth of over 3%, record employment figures and core inflation falling to 2%. It has been labelled the Goldilocks economy – everything is appearing to go well, but last year, …
And after a decade long-boom in house prices, the past 12 months have been a real turning point. Real house prices have already fallen 13%, and last month Rightmove reported a £6,000 decline in average asking prices. But some commentators believe the worst is still to come due to higher interest rates and a struggling …
In recent months, the US Housing Market has seen record house prices, mortgage rates quadrupling from 2 to 8%, and price to income multiples worse than 2006. It is a familiar story across the world. But, so far US house prices have seemed to defy gravity. Yet how long can they remain so elevated? Is …
UK house prices are overvalued, which is why prices have started falling in most regions across the country. But, the big question is how far do prices need to fall? And where are prices most overvalued? How OVERVALUED are UK House Prices?Watch this video on YouTube In the aftermath of the 1990s recession, UK …
How The Irish Economy Overtaken Brexit Britain? Why Ireland's Economy Surpassed The UKWatch this video on YouTube In the post-war period the Republic of Ireland, stood in the shadow of its richer neighbour, with average incomes nearly three times less than the UK. Yet, over the next few decades, the Irish economy was transformed and …