We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
Debate House Prices
In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non MoneySaving matters are no longer permitted. This includes wider debates about general house prices, the economy and politics. As a result, we have taken the decision to keep this board permanently closed, but it remains viewable for users who may find some useful information in it. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
WSJ: The UK's Surprising Resilience
Comments
-
inspector_monkfish wrote: »On the face of it, U.K. conditions seem more aligned to eventual policy tightening rather than further quantitative easing.
Interesting article, however I have to disagree with the above. I shudder to think what damage a base rate of 4% would do in the current climate, with so much debt outstanding.0 -
But the paradox of thrift applies fundamentally to excessive saving. a 3% rate is far below the long term average for the UK economy, and in the long term saving too little is in my view dangerous, because it lays the foundation for a banking crises.
In the long term yes, but we're still in recovery mode and will be for years.0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.2K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.2K Work, Benefits & Business
- 600.9K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards