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Old 05-07-2017, 01:50 PM #1
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DemolitionRed DemolitionRed is offline
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Join Date: Jan 2015
Posts: 6,175
DemolitionRed DemolitionRed is offline
Senior Member
DemolitionRed's Avatar
 
Join Date: Jan 2015
Posts: 6,175
Default What's going on with the Bank of England?

First to threaten interest rate rises. Second it is threatening to reduce the availability of credit.
1.
Real wages are falling
2.
Personal debt is rising.
3.
We now have inflation directly caused by declining wages.
4.
Brexit is just around the corner.

Surely now is not the time to try and restore market normality. Are they engineering a financial crisis?
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