A remark on property funds in the United Kingdom
In a post yesterday (see here) I said that one major issue for the United Kingdom, after the Brexit, would be the financing of its current account deficit. The deficit…
Philippe Waechter's blog
United Kingdom: The current account deficit is not sustainable
The current account of the United Kingdom was in deficit by -6.9% of the GDP during the first quarter of 2016. It was -7.2% during the last three months of…