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    Re: 220,000

    Posted by The Questioner on 2/2/2023, 11:24:44, in reply to "Re: 220,000"

    When yous at the other week ? He made comments about the mini budget at the time which were relevant, however as I tried to explain things turned out way better as a) they reversed all the decisions and b) she ####ed off.
    Just as aside the BOE committee are understandably feeling a bit defensive atm as most economists believe they should have started to tighten earlier. Tbf other central banks are receiving the same criticism .
    You keep banging on about the pound crashing it was higher than before the mini budget several days later…and is now way higher.Do you really think that will make any difference to how much we spend on oil….if so are you congratulating Sunak as it’s been 1.24 …no because it has very little to do with policy makers.

    You could be right re balance of payments as I can only find historical official figures which I have posted below but they point in the opposite direction to what you are suggesting.What have you seen?

    Total trade in goods and services (exports plus imports) between the UK and United States was £262.7 billion, in current prices, in the four quarters to the end of Q3 2022, an increase of 21.9% or £47.1 billion from the four quarters to the end of Q3 2021. Of this £262.7 billion:
    • Total UK exports to United States amounted to £161.5 billion, in current prices, in the four quarters to the end of Q3 2022 (an increase of 20.6% or £27.6 billion compared to the four quarters to the end of Q3 2021);
    • Total UK imports from United States amounted to £101.2 billion, in current prices, in the four quarters to the end of Q3 2022 (an increase of 23.9% or £19.5 billion compared to the four quarters to the end of Q3 2021).

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  • 220,000 - Number Cruncher 1/2/2023, 22:36:54
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