Tuesday 27th June 2017
A deadly brew on the boil….
Last week we looked at Italy and why what’s happening there could trigger a global crash….
This week our attention is focused on the kitchen here at home….
Like one of Grandma’s famous hotpots, the British economy is bubbling away on the stove. But I’m not sure it smells so good. And I can’t vouch for what it will taste like when the end-product is finally dished out.
If you want my honest opinion, I reckon some of the ingredients in the pot might turn out to upset the stomach….
- Inflation is sprouting wings….
Mark Carney and his Bank of England (BoE) team crank the levers and push the buttons that keep the British economy on the straight and narrow….
That’s what most people believe at any rate.
Carney is the ship’s captain. He stands on the bridge, assesses conditions and the direction in which he wants to travel, and makes any necessary adjustments to the ship at exactly the right time. At least that’s the theory….
Everything is under control. Right up until the point that it isn’t….
We might well have reached that point with inflation last month. It rose to 2.9%.… Click here to read more