Tagged with: american elections
suhasinisakhare.com
The UK's Office of Budget Statistics came out with a report on March 23. The Telegraph has today published a n analytical piece on this report. Some content is worth quoting directly: As a result of higher than expected inflation, living standards will fall for longer than previously anticipated, public borrowing will end up higher, and real terms cuts in public spending will have to be deeper. T...
suhasinisakhare.com
Yesterday, news broke that the UK economy actually contracted by .5% in the last quarter of 2010. George Osborne blamed the snow. Ed Balls blamed George Osborne. Yesterday, economists feared stagflation in the UK. Today, Nauriel Roubini, the economist who predicted the 2007 crash, suggested there are chances of a double dip in the UK. Back in December 2009, before it became clear just how much of...
suhasinisakhare.com
Experts have started predicting that interest rates in the UK will rise before June. Inflation remains a concern. Much of this inflation has been fed by the oil price bubble. Much of the oil price bubble has been fed by QE II and by American exports . If rates in the UK are raised before June, property prices will start to "go south", as one blogger writing in the Telegraph today so eloquently pu...
suhasinisakhare.com
In the coming American November by-elections, an extreme right wing social movement called "The Tea Party" is likely to play a crucial role, at least in determining which party controls the Senate . Sweden, one of the most advanced countries on our planet, just granted 20 seats in the general election to the Sweden Democrats, a right wing party far from the socialist ideal . These right wing, ext...