sleepwalking into a 1930's style debt deflation
Disinflation and deflation equate to the same thing effectively the base line is variable to the money stock/flow per unit of time say 18 moths m/o/m y/o/y
The UK business community is sleepwalking into a 1930's style debt deflation the dynamics are hard to spot as it is a kind of debt disinflation
so the semantics of the terminology are confusing this chart shows what I mean.
https://web.archive.org/web/20230401000000*/https://notthegrubstreetjournal.com
#GoingDirect to GFC Mk2 Reservations per outlet, Sales Incentives , Mortgage Commitments. Mexican Standoff between Sellers and Buyers ( Sticky Prices on the way down.)
 AUTHOR:ROGERGLEWIS  PUBLISHED DATE:MARCH 22, 2023
As it is for smaller banks so it will be with small landlords #GoingDirect is the Uberisation of everything. and the rationing of everything through Carbon Credit accounting #Aadhaar
 ROGERGLEWIS  MARCH 22, 2023
The Everything Bubble and the Everything Bust. Prospects for UK Housing and UK Housing Markets.
 ROGERGLEWIS  MARCH 3, 2023
Baileys Bust. Money and Credit – February 2023 . To Far to Fast. . Can you tell what it is yet?
 ROGERGLEWIS  MARCH 29, 2023  1 COMMENT
@huchotaimen
This gentleman is telling the bitter truth that the "elite" doesn't want to hear. Nobody can feel the unjust more than a SAS warrior who's seen it all...What a brave man...
You are over the target IMHO GSE - I predicted this in 2013 - but then QE intervened. Now there is nowhere to go and your assessment is quite correct. See Chapter 13 (you probably know the rest)
https://www.researchgate.net/publication/358117070_THE_FINANCIAL_JIGSAW_-_PART_1_-_4th_Edition_2020