In article , Archibald
Tarquin Blenkinsopp writes
On Thu, 8 Feb 2018 10:15:42 -0800 (PST), harry
wrote:

On Thursday, 8 February 2018 16:53:05 UTC, Mark wrote:
On Thu, 8 Feb 2018 16:42:41 -0000, "tim..."
wrote:



"JoeJoe" wrote in message
...
Currently headline on front page of BBC News: "Bank of England hints at
earlier and larger rate rises"

Inside it reads: "The Bank of England has indicated that the pace of
interest rate increases could accelerate if the economy remains on its
current track."

the sooner it comes about the better

extended period of ZIRP is doing the county much harm

a) We don't have ZIRP.
b) Low interest rates are a good thing, given the indebtidness that is
prevalent now.


When interest rates do go up, a lot of people are in for a shock.

Credit where credits due, Brexiters will then find out what "balance
of payments" means.

AB
And just what is the current balance of payments position after 40 years
in the EU?
--
bert