I firmly believe that an base rate interest rise is very close. For the folowing reasons:
1: UK base interests will rise after new labour government gets elected in May as government fights to control inflation and ballooning social spending.
2: German bundesbank putts up rates to ensure that economic conditions allow monetary union to go ahead, as do several european contries wanting to participate in monteary union in eourope.
3: US fed puts up rate due to very high dollar after europeon rate rises and continued presuure from wages in the US
THIS will cause a CRASH like most of us have never seen before.
Do you believe this senario, WATCH this space !!!!!! |
