England's Economy doing Just as Bad, World View from London with Charlie Cannon-Brookes
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Comments
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The guy has a valid point: the american economy is generating month after month about a quarter million new jobs; unemployment is at low 5%. Corporate profit margins are at record high, and stock value is equally strong. Silicon valley is killing it! start ups valued at more than $1billion has doubled in 2 years! Europe would love to do as bad as the American economy!
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Charlie...you need to study economics any history to enable yourself to see what is happening. I don't mean to be mean, but you need to take your hands off your eyes. You are so busy pushing some money around that you haven't taken any time to observe reality. You are simply believing by counting your pence and ignoring the pound/euro/dollar/etc. We are experiencing a currency war and the US is playing as poorly as the brits did before the first world war. The only reason the us dollar is staying high is because everyone is so used to using it that they can't imagine any different. It is worse because there is no backing at all to it. It is only worth what one believes it to be worth. Pull out the pound in your pocket. Actually question what it is. You need the basic lesson. You've made that obvious. I wish for you a learning curve.
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The US is in good shape... Have I just entered a parallel universe? Good shape for the bankers to clean up for like!
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It's good to have clueless dimwits on every now and then :) I've seen too many Brits who adore US economy without knowing a thing about it.
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The British are the ones who gave the world the monetary system it has now. The U.S. tried to escape from it a couple hundred years ago but in the long run wasn't successful. Thanks a lot bloke!
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Really was a waste but it's good to hear what everyone available has to say.
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Obviously not a man who reads Zerohedge. No idea what he talking about.
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This is a joke on us right? There is no recovery and one is not planned. War is the only plan.
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