1. There is no way on earth that the UK economy will show signs of a pick up until the end of 2012
2. The same for Europe but end of 2013
3. Unemployment will get worse
4. Inflation MUST go up when you have foreign owners of our biggest companies and utilities putting price up between 15-30%
5. Banks are now charging 29% for unauthorised overdrafts and those authorized are about 22%APR
6. Credit cards are now being charged at just below 30% I.e. Barclaycard is a prime example
7. Tax going up so companies will not swallow the loss they will pass it on so inflation!
8. so the UK government is in fact creating inflation so interest rates HAVE to go up eventually and quite fast as the Bank of England fears inflation and puts interest rates up twice as fast than lowering.
2. The same for Europe but end of 2013
3. Unemployment will get worse
4. Inflation MUST go up when you have foreign owners of our biggest companies and utilities putting price up between 15-30%
5. Banks are now charging 29% for unauthorised overdrafts and those authorized are about 22%APR
6. Credit cards are now being charged at just below 30% I.e. Barclaycard is a prime example
7. Tax going up so companies will not swallow the loss they will pass it on so inflation!
8. so the UK government is in fact creating inflation so interest rates HAVE to go up eventually and quite fast as the Bank of England fears inflation and puts interest rates up twice as fast than lowering.
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