RE: Re Trump18 Mar 2026 18:19
Stanley at 300 dollar oil, UK gilt yields most likely will be over 10%, bank of England will have to jack up rates to Thatcher era say 18%, mortgage rates even higher.
Got a sizeable mortgage? Will probably triple in cost. Got a job? Probably will lose it as many over leveraged businesses file for bankruptcy because they can't pay for the loans. As you are losing your job your mortgage will triple and the bills will still be coming in thick and fast. Homelessness and unemployment awaits.
All for what? Providing freedom to the people of Iran? What about the people of the UK?