Quote:
Originally Posted by OLD BOY
You are changing the subject. I was talking about interest rates, remember?
If the US and Germany are suffering from high interest rates as well, it rather dents the mindset of those who say it was all Brexit’s fault that UK interest rates have increased.
As for the impact on the economy, I should, perhaps, remind you yet again that we have not yet implemented the new freedoms that Brexit provides. However, we are now on the cusp of getting the CPTPP deal implemented and further trade deals that actually benefit us are beckoning. The service sector will benefit hugely from this. Additionally, the bureaucratic EU legislation that impacts on business will soon start to disappear.
You ain’t seen nothing yet, old chap. [Cue another sneering response as is usual whenever anyone suggests that Brexit might actually deliver].
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Intrrest rates don't exist in isolation separate from the prevailing economic conditions, such as the highest inflation in Western Europe.