Bank bailouts are back. But, why do governments go to such lengths to save banks who took risks, ignored regulations and made a loss? This title about bank failures destroying the economy is not actually linkbait title. I think it is fair to say, the US bank failures of 1930-33 really did destroy a good …
Countries across the world are ageing. We are living longer but birth rates are falling faster than expected. The UK will soon see more elderly people than young adults. It is the same in the US with older adults more numerous than children by 2035. The population of Europe is forecast to fall by 175 …
Summary of Phillips Curve The Phillips curve suggests there is an inverse relationship between inflation and unemployment. This suggests policymakers have a choice between prioritising inflation or unemployment. During the 1950s and 1960s, Phillips curve analysis suggested there was a trade-off, and policymakers could use demand management (fiscal and monetary policy) to try and influence …
Many young people will understandably be hoping and praying that there is a substantial fall in UK house prices to make them affordable and escape the broken rental sector. However, if there is a serious house price fall, there is a real danger this would push the UK economy deeper into recession. In the last …
How many migrants have come to the UK in recent years? Between 1991 and 2021, the ONS estimate 14.64 million immigration 10.36 million emigration 5.55 – Net Migration (average of 177,000) Between 2002 and 2021 (last 20 years) 12.0 million immigration 7.2 million emigration 4.64 net migration (average of 232,000) Between 2012 and 2021 (last …
Since 2016, the UK economy has performed poorly, – weak Pound, high inflation, falling real wages, and a worrying decline in business investment. There are mitigating factors, such as Covid and the Ukraine war, but despite this, the UK seems to be performing relatively badly compared with other countries, with one of the lowest rates …
In 2021, Russia was the largest net exporter of gas and oil in the world. Yet a series of strategic blunders has seen its status as a major player slip away. Its high risk gamble to cut gas supplies to Europe is backfiring and Russia has been left with gas it can’t sell. Also the …
Since their peak in August 22, UK House prices have fallen 5%, but the big question is how much will they fall in the next 12 months? Expert predictions range from a modest 2% decline to a fall of 12% from Capital Economics. UK Housing Slump – Why Prices could FALL further than expectedWatch this …