RE: Lloyds Bank Business Barometer27 Dec 2019 14:08
Store closures in the US is up 50% (9300 and counting) on 2018 figures. Some will say a shift to online shopping. But goods need moving via air sea and rail - it isn't. And that's with QE, Low rates and the kitchen sink. If it isn't moving, it isn't booming.
Thank you John, have a good festive few days. I'm off to France tonight, stock up on some plonk. I'd take Snige to hug a few migrants and barbed wire, but he's not tooled up - alas.
All I'd say is the popping will kick off from an unlikely source. Like blowing bubbles into a blackberry bush. As long as I got time to scoff the turkey I'll be well happy.
2020 the year of credit crisis - position as ever...lol