Fleccy13 Apr 2019 22:44
Everything goes full circle and this Economic cycle has peaked . Debt does matter , Japan 280% debt /GDP even Abenomics cannot move their Economy . China at 250% D/GDP , only 3 yrs behind Japan is just a massive Ponzi scheme . Once GOV cuts public spending ponzi will unravel .
It now cost us £40Bn pa to service our ND . At some stage in our lifetime Labour will get in again , What will the yields on our Gilts become ? £80Bn to service our ND will occur . Smaller tax receipts and which of our GOV depts will have to make major savings .
Whisky , tobacco , chocolate , beans and sausages will always be tangible.
Pillarts,
Hold onto your Gold , bury it , tell your daughter and mother where it is . Don't do an Alan Turing , despite his vast intelligence forgot where he buried his Silver .