Barry
you have some explaining to do to Paul Scotchie, and indeed to the whole Forum, as to how the £750 billion of cash British businesses are sitting in is ..erm ...cash. In the other thread you did not write: assets.
I know the difference between cash and assets - assets that are valued (nominally valued) in cash.
And that the amount of cash in circulation is much lower than the (nominal) value of assets in circulation.
And I know too that shares are only nominally worth what they say on the FTSE 200, Cac, Dax etc., until someone starts selling shares off and they plummet in value within half an hour...
I know all this, Barry, as far as it is humanely comprehensible (at some point no-one understands the whole gobbledegook of assets and their value in cash).
