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by Ashraf Laidi
Posted: Feb 22, 2010 5:00
Comments: 3054
Posted: Feb 22, 2010 5:00
Comments: 3054
Forum Topic:
GBP
Discuss GBP
similarities: yes that is Marx economy.
Ashraf
High gasloine prices due to ever increasing taxes coupled with general inflation and rising interest rates will cause the double dip many economists expect. Moreover, wages are barely going up but taxes have so the consumer will be hardly hit when BoE hike as half of mortgages are linked to the rate and currently enjoying extra income to spend.
SHORT TERM SUPPORT
http://www.telegraph.co.uk/finance/economics/7587972/Greece-still-at-risk-of-debt-spiral-says-George-Soros.html