asterisk2a + debt-fuelled + view   1

STEPHANIE FLANDERS: It's borrowing and debt driving Britain's recovery | This is Money
New forecasts that went with his speech paint a different picture, of a recovery driven in large part by households borrowing more, and saving less. The level of household debt, relative to income, has been falling since the crisis, as families have cut back and worked to pay off debt. But the new Budget forecasts show it starting to rise again, from the final quarter of this year, moving from 142 per cent of income back up to 166 per cent by 2019. That’s more or less where household debt had got to in the lead up to the financial crisis, after all that irresponsible ‘debt fuelled growth’ under Gordon Brown. [...]And total level of investment is now more than 20 per cent below where it was at the start of 2008. // &! - low inflation, no inflation pressures expected till 2016 // &! - The UK has the most unbalanced economy of any OECD country.
2015  recovery  UK  austerity  fiscal  policy  monetary  policy  ZIRP  NIRP  QE  debt-fuelled  recovery  debt  monetisation  debt  monetization  economic  growth  economic  multiplier  productive  investment  asset  allocation  distortion  speculative  bubbles  hunt  for  yield  current  account  deficit  savings  rate  debt  servitude  household  debt  mortgage  market  Taper  credit  card  consumer  debt  debtoverhang  sovereign  debt  crisis  Super  Cycle  public  debt  private  debt  debt  bubble  NPL  Makers  Manufacturing  STEM  George  Osborne  short-term  thinking  short-term  view  David  Cameron  Career  Politicians  No  Representation  fiscal  stimulus  IMF  OECD  Toff  Privileged  Establishment  social  mobility  downward  mobility  Gini  coefficient  fairness  policy  error  policy  folly  interest  groups  democracy  social  tension  social  cohesion  budget2015  general  election  2015  election  campaign  promises  competitiveness  competitive  flat  world  borderless  global  trade  structural  imbalance  Impediments  secular  stagnation  Richard  Koo  deflationary  deflation  inflation  expectation  inflation  targeting  disinflation  inflation  Mark  Carney  BOE  balance  sheet  recession  deleveraging  economic  history  faultlines  global  imbalances  industrial  policy  output  gap  productivity 
july 2015 by asterisk2a

related tags

account  allocation  asset  austerity  balance  BOE  borderless  bubble  bubbles  budget2015  Cameron  campaign  card  Career  Carney  coefficient  cohesion  competitive  competitiveness  consumer  credit  crisis  current  Cycle  David  debt  debt-fuelled  debtoverhang  deficit  deflation  deflationary  deleveraging  democracy  disinflation  distortion  downward  economic  election  error  Establishment  expectation  fairness  faultlines  fiscal  flat  folly  for  gap  general  George  Gini  global  groups  growth  history  household  hunt  imbalance  imbalances  IMF  Impediments  industrial  inflation  interest  investment  Koo  Makers  Manufacturing  Mark  market  mobility  monetary  monetisation  monetization  mortgage  multiplier  NIRP  No  NPL  OECD  Osborne  output  policy  Politicians  private  Privileged  productive  productivity  promises  public  QE  rate  recession  recovery  Representation  Richard  savings  secular  servitude  sheet  short-term  social  sovereign  speculative  stagnation  STEM  stimulus  structural  Super  Taper  targeting  tension  thinking  Toff  trade  UK  view  world  yield  ZIRP 

Copy this bookmark: