over9k
So I didn't tell my wife, but I...
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I think we're still likely to see what they say but for entirely different reasons to why they've said it, but that's just my two cents.Having read their statement it was something like ‘2 year recession based on Government policies enacted by Liz Truss’
The BOE GDP modelling is based on the ‘current Government Fiscal policies’. Modelling was done 2 weeks ago. Unusually they have also made an updated model based on ‘expected’ Givernment policies. So the 2 year recession model was already in the BOE’s statement release but has changed. As has the markets IR expectations compared to 2 weeks ago. It was 6.5% but now is 4.75%.
Still a recession but unlikely to be 2 years and ‘as bad as the 1930’s.
Clickbate in the morning papers I fear.
Gunnerguy
Given the level of inflation I can see two problems here.I think we're still likely to see what they say but for entirely different reasons to why they've said it, but that's just my two cents.
U.S jobs numbers are in, payrolls increased but unemployment rate increased also, so, more people are now looking for work.
How much this has to do with *having* to do so to cover the bills I don't know but it means more demand either way
Month-on-month increase but I'm just watching the headlines running now as it's a busy evening.I thought payrolls increased more than expected but overall trend remains down
even if he wasn't ( but laying down the carpet for Don jr. ) he would give that impression to keep the ' old guard ' confused , distracted and busy plottingAnd it looks like trump's going to run again!
I think you have hit the nail on the head.even if he wasn't ( but laying down the carpet for Don jr. ) he would give that impression to keep the ' old guard ' confused , distracted and busy plotting
if Hunter's activities couldn't stop Joe being elected , it is going to be hard to sell the 'sins of the father ' on Don Jr
maybe De Santis and Don Jr as V.P. for two terms and Jr. try for the top job for the next two terms ( and completely wreck the two-party paradigm )
Trump junior was the concern. It's still very possible.there was at one time , a dread by the Democrats that Barron ( the fairly young son of Trump) would rise to be President after Trump ( assuming Trump had won in 2020 ) which sort of puzzled me .. i thought an elected President had to be over 35 ( years old ) , and unlike Don Jr , Barron has a very low public profile in the press i read
And in Australia, many of the houses on The Block get passed in.Economy continuing to combat inflation. Wells Fargo reporting residential mortgages down 90%.
I've always seen that program, the very existence of it, as symptomatic of Australia's misallocation of resources and the housing bubble.And in Australia, many of the houses on The Block get passed in.
volumes on what ??I've always seen that program, the very existence of it, as symptomatic of Australia's misallocation of resources and the housing bubble.
The basic concept of "building" type programs on TV is as old as TV itself but historically they were aimed firmly at those keen to DIY and were showing how to do it, that is they were education of a sort, whereas The Block is firmly in the category of entertainment.
That one of the most successful and now long running programs on Australian TV is about renovating houses speaks volumes in my view.
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