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Economy Back to Firing?

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Is the economy about to pick up? I ask becasue inflation is down, the election is due, and wages are up and now stable, with house prices moving again finally. I feel good to be honest.

PaxAmerica
3 weeks ago
What do you think of this?+20 points
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Pjran

That’s good news that the inflation rate is down. Fingers crossed it continues but I doubt it.

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PaxAmerica

I hope the interest rates come down this today. Fingers crossed

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BonzoBanana

The economy continues to add more debt with a large trading deficit and more borrowing. We all have about £150k of government debt, pension liabilities and other liabilities on our heads and borrowing is rising. We are slowly heading to a default where we may need the IMF to rescue the economy with a large loan. The economy will be on the mend when we stop borrowing and start paying back our debts and return to a trading surplus. I think unemployment is increasing so that has an anti-inflation effect.

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PaxAmerica

Interest rates held and should start dropping soon so economy looks like its back

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