Just in case any of you thought things were going well, they officially aren’t. Double dip recession over 2011 Q4 and 2012 Q1.
Oh, and with any sub 0.2% GDP growth, we’re actually getting poorer as the population grows.
Can we sack them yet?
Filed under: Economics





I don’t know about sacking them, but everybody suddenly agreeing they’ve screwed up might be on the cards:
http://blogs.reuters.com/felix-salmon/2012/04/24/counterparties-suddenly-no-one-likes-austerity/
although that’s not written from a UK perspective.
also Martin Wolf’s two recent “free lunch”posts
http://blogs.ft.com/martin-wolf-exchange/
The Emperor has no clothes etc.