Bank of England increase rates

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Bank of England increase rates

I often  feature Joe Blogs’ economic  reports and he has recently taken to reporting the collapse and de-industrialization of the Russian economy.  It seems to me that he is probably pushing propaganda as he is from the city and probably an intelligence asset.  He says nothing about the industrialization of the US.

Common sense tells me that a commodities backed (gold/oil)  Rouble from a country that grows its own food, has fertilizer, its own banking system and abundant energy is going to do OK eventually.  Me thinks that Blogs is projecting.  Do a report on the real economy and real inflation in the US and UK.

Bank of England increase interest rates after warning of recession (8 min)