Continued bullish GBP...
British growth slows sharply on eve of election http://t.co/O2kXsGRJx3
— Sean Burkhardt (@needmooreinput) April 28, 2015British growth slows sharply on eve of election http://t.co/O2kXsGRJx3
— Sean Burkhardt (@needmooreinput) April 28, 2015
4 comments:
Krugman on the attack:
http://www.theguardian.com/business/ng-interactive/2015/apr/29/the-austerity-delusion
This amazing "recovery" has been going for 6 years, what is going to happen on the next leg down which is inevitably coming when the private debt runs no more? (probably after 2016)
I don't think the world can neither politically or economically stand up an other shock with crumbling. Maybe then we will see some calls for reforms of the economic discipline... (although we will have more important things to worry about probably).
In extremis, resort to war.
Whether by luck or judgement Osborne has managed to maintain the feel good up to the election while tempting Labour to sign up to ever increasing restrictions on financial wiggle room.
We can only hope that when Labour get into power they throw out all the promises in the same way that the Tories did in 2010.
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