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TexasTowelie

(117,957 posts)
Wed Jan 15, 2025, 06:38 AM 3 hrs ago

UK Out of Cash - Joe Blogs



The United Kingdom is in the grips of a Crisis. GDP is falling at the same time as bond yields and therefore public debt costs are rising. This has resulted in the government having to borrow to fund its spending plans and the ongoing fall in the value of the British Pound is making the situation worse as the UK is a net importer. All of this has resulted in the UK running a daily cash deficit and is now facing a cash crisis.

Chapters:
0:00 Intro
1:07 CASHFLOW
2:31 WHY?
4:03 GDP
4:57 TRADE
5:26 CURRENT ACCOUNT
5:57 DEBT
6:21 DEBT COSTS
7:35 BOND MARKETS
8:37 SUMMARY & CONCLUSION
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UK Out of Cash - Joe Blogs (Original Post) TexasTowelie 3 hrs ago OP
China and Russia too, so they say................... Lovie777 3 hrs ago #1

Lovie777

(15,487 posts)
1. China and Russia too, so they say...................
Wed Jan 15, 2025, 06:44 AM
3 hrs ago

and they are still thriving in their evil ways.

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