Brexit. May’s Way Is Not The Only Way
If there is anything that we have learned from the development of the British economy since the Brexit referendum is that doomsayers were wrong.
Since the Brexit vote, the UK has created 450 thousand jobs.
Unemployment stands at a 4% rate, the lowest since 1975. Labor Participation Rate is at 75%. This compares to an EU unemployment of 8.7% and 58% labor participation rate in the 28 member states.
Productivity is growing at the fastest rate in 6 years, while UK factory orders at 4-year high.
At the same time, wage growth has accelerated to two-year highs.
Inflation is above expectations, but that has nothing to do with Brexit and all to do with the Bank of England’s extremely loose monetary policy.
Additionally, GDP growth is expected to range between at 1.5% and 1.9% for 2018 and 2019, very far away from the expectations of plunging straight into recession just from a Brexit vote.
… Read More: https://www.dlacalle.com/en/brexit-mays-way-is-not-the-only-way/
Soros – One of the Greatest Threats Against Society?
Feb 9, 2018
The Telegraph is now reporting that Soros “is one of three senior figures linked to the Remain-supporting campaign group Best for Britain who plan to launch a nationwide advertising campaign this month, which they hope will lead to a second referendum to keep Britain in the EU.” Soros is on the wrong side. Europe has no chance of the EU Project actually succeeding long-term. The entire structure is completely unsound and the political process is anti-Democrat. The EU was purposefully designed to be as close to a dictatorship where the people are not trusted to make any decision and are too stupid to even know how to spend their own money. Nobody in the Troika ever stands for an election and they are the people who rule with an iron fist over the economy.
Read More: https://www.armstrongeconomics.com/international-news/britain/soros-one-of-the-greatest-threats-against-society/