Mini budget. Major problems.
Many Happy Returns
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Fiscal Policy and Monetary Policy Are Now Pulling Inopposite Directions
The u k has a double deficit, which is one of the red flags to look for in an emerging market. The current account deficit right now is roughly eight point three % and that's the worst it's been for a long time. If you look at the debt to g d pao, it's not too bad - It's roughly at 100% currently. But the rich are seven times more likely than us to have high levels of debt. We've actually got less debt to germany than we do our own country so that's a positive.
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