Posts Tagged debt

Relax, the UK (probably) isn’t heading for recession

Relax, the UK (probably) isn’t heading for recession

Immediate fears of a recession in the UK economy were eased last week with the latest Office for National Statistics (ONS) estimate of monthly GDP. The economy had shrunk in April, but growth resumed in May. This has not prevented widespread conjecture that a recession is imminent.

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Forward guidance needed for companies, not consumers

Most of the commentary on the UK’s economic recovery focuses on consumers. Are they taking on too much debt again to finance their spending? Is there a bubble in house prices, as people get excited about bricks and mortar again? Certainly, in terms of its sheer size,

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Our economic recovery is real, but what we can still learn from the US?

Some people are never satisfied. The evidence is mounting that the UK economy is now on the path to recovery. But to those who denied the possibility of any economic revival at all under the policies of “austerity”, this is simply not good enough. It is the

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Why Can’t Debt Just be Inflated Away?

The debt problems which the UK and Europe currently face are essentially ones of political economy.  Basically, there is a lot of debt around and the simple question is: who is going to pay for it?  All the economic theory in the world does not get around

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