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Economy

Progressive dog

(7,604 posts)

5. Maybe not but inflation in article is UK and

Reply to marmar (Reply #4)

Thu May 23, 2013, 02:39 PM

May 2013

deterioration of Pound vs dollar is also mentioned. Index used is the UK FTSE.The interest rates would apply to both, but after 4 years of predictions of inflation and interest rate increases yet another is expected. Anyway, it's tougher to extrapolate from UK to US than vice versa due to size of economies.

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Markets have become completely detached from economic reality � and it's going to get ugly [View all] marmar May 2013 OP

It's all being set up for a derivatives crash Warpy May 2013 #1

k&r for exposure. n/t Laelth May 2013 #2

Sympathies to UK, hope it's not as bad as you think nt Progressive dog May 2013 #3

I don't think it applies to just the UK. marmar May 2013 #4

Maybe not but inflation in article is UK and Progressive dog May 2013 #5

I thought it was a Martenson article jakeXT May 2013 #6

Markets have been detached from reality for quite some time now, 40 years at least. bemildred May 2013 #7