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Top UK commentator Kaletsky dispels property market fears

Posted on 23 July 2009

From Propertyeu.info: Leading UK economic commentator Anatole Kaletsky has dismissed three of the most widely discussed threats to the property market, saying they are ‘pretty far fetched’ and often presented as ‘indisputable facts’.

The three threats he refers to are fears of a sharp increase in short-term interest rates, the risk of an inflationary upsurge fuelled by the vast amounts of new money being ‘printed’ by central banks, and the perception that governments, especially in the US and UK, have borrowed so much money that some kind of national bankruptcy lies ahead………Full Article: Source


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