MercoPress. South Atlantic News Agency
IMF warns UK about a possible 'housing bubble' and low productivity
The International Monetary Fund (IMF) has warned the government that accelerating house prices and low productivity pose the greatest threat to the UK's economic recovery. Rising property values could leave households more vulnerable to income and interest rate shocks. Read full article
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Disclaimer & comment rulesWell Uk have been warned by IMF about Housing Bubble...
Jun 07th, 2014 - 09:10 am - Link - Report abuse 0Another bubble crash may be?????
Aaah Dany so glad you like listening to the IMF.
Jun 07th, 2014 - 09:53 am - Link - Report abuse 0Here's what they said about Argentina recently:
“Near-term prospects in Argentina and Venezuela have deteriorated further. Both economies continue to grapple with difficult external funding conditions and the negative impact on output from pervasive exchange and administrative controls.”
“Activity in Argentina and Venezuela is expected to slow markedly during 2014, though the outlook is subject to high uncertainty. Persistently loose macroeconomic policies have generated high inflation and a drain on official foreign exchange reserves. The gap between official and market exchange rates remains large in both countries, and has continued to widen in Venezuela. Administrative measures taken to manage domestic and external imbalances, including controls on prices, exchange rates, and trade, are weighing further on confidence and activity. Recently, both countries adjusted their exchange rates, and Argentina raised interest rates, but dmore significant policy changes are needed to stave off a disorderly adjustment.”
Real GDP growth 2014 is estimated at 0.5% and 2014 is estimated at 1%.
Yep, certainly glad you like listening to the IMF.
@1 Quite recently the IMF had to apologise to the UK for “getting it wrong”.
Jun 07th, 2014 - 12:05 pm - Link - Report abuse 0Just look. http://www.dailymail.co.uk/news/article-2651115/IMF-chief-Christine-Lagarde-forced-admit-wrong-criticise-Osborne-austerity-programme.html
How sad that an inconsequential latino thinks it should quote the IMF to the UK. Doesn't shiteland blame the IMF for all its “problems”? Conveniently forgetting to mention corruption, criminality, incompetence, larceny, mendacity!
And the UK should pay attention because............?
The good thing about latino transsexuals is all the bits that can be sliced off and made useful as bergers, sausages, meatballs, salami, dog and cat food.
Perhaps the IMF should, for the sake of accuracy add the letter 'D' to their intials: “In My Fucking Dreams” suits them better.
Jun 07th, 2014 - 12:40 pm - Link - Report abuse 0Christine Lagarde
Jun 07th, 2014 - 06:50 pm - Link - Report abuse 0the papers say, she is after the French presidency job..
What a joke of an organisation. The IMF is the tool of the elite & EU Federalists. The advice they gave came with an agenda & everyone who followed the IMF's advice of borrowing your way out of debt is now in deep economic trouble & looking at Fiscal Union while those that ignored them & decided to pay back Debt are riding high.
Jun 09th, 2014 - 10:08 am - Link - Report abuse 0Commenting for this story is now closed.
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