RE: Registration Plates2 Aug 2018 19:02
The credit crisis was solved by slashing interest rates. The low interest rates have encouraged borrowers, inflating house prices( not measured in inflation figures!!) We are in a pickle. Interest rates have to rise, people are going to be shocked how little their pensions are worth. I’m very bearish in the uk outlook. With or without Brexit, Western Europe as a whole have been living beyond their means for far to long. Tin hats at the ready imo.