https://t.co/tlXsLXZarK
26/06/2017 9:21 PM
RT @rethinkecon: 'Going Beyond Exchange' from @TheMinskys @HeskevanDoornen https://t.co/GVNeY8gyIQ
23/06/2017 8:53 PM
RT @ChrisGiles_: Hard or soft Brexit? The six scenarios for Britain https://t.co/Fk2hj8muah via @FT
23/06/2017 8:52 PM
This is worth a read: https://t.co/gjARfKQ6JB
20/06/2017 9:58 PM
RT @PositiveMoneyUK: ...and it’s almost impossible to reduce our debts without causing a recession - Welcome to the debt trap! https://t.co…
20/06/2017 9:49 PM
@Parker_Banking The pirates are in the accendency - on the pirate scale there is no difference between Trump and Pu… https://t.co/XbxmE9OJao
17/06/2017 1:11 PM
RT @PositiveMoneyUK: Why are House Prices So High? https://t.co/kYNWqTc6kP
16/06/2017 3:57 PM
@Omearanz Tax incentives point away from productive investments - asset price inflation is not productive of itself… https://t.co/zOCXPEj93U
15/06/2017 5:00 PM
@Parker_Banking People without income and assets cannot be consumers - superfluous to economy - superfluous to soci… https://t.co/EHIOqdcNXH
15/06/2017 12:18 PM
@Parker_Banking Full of rah rah platitudes: happened before no worries.Then machines replaced muscle/debt low, now… https://t.co/SMvdIfmpi1
15/06/2017 12:15 PM
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5
FEB 10

Dollar Down - for how long?




The dollar is down a bit, who knows why? All sorts of comments on risk, northern hemisphere sovereign debt defaults, civil unrest in Greece and the like. Correlation are not causation - but our exporters suffer. 

Not time to get too excited, not a single exporter will place any new bets on the strength of this. Yes, they will take the extra margin if they can but they well know that polices that expose the exchange rate to interest spreads and feelings elsewhere are poison to those that trade in the real economy.


Until the policy framework changes to provide better stability for the traded economy, investment is on hold. Don’t ask how many jobs have been lost better to ask how many never came into existence.


By way of example, one major manufacturer’s investment in equipment was on installation showcased by the supplier as the “best” in the world, now it is showcased as the “oldest” in the world


tags: investment, dollar, jobs
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