Has Austerity Brought a Boom in the UK?
November 10, 2011 at 09:50 AM EST
Or Generalissimo Francisco Franco redux. In “UK: Economic growth, double-dips and the PMI,” (G. Buckley, Deutsche Bank, Nov. 4, 2011, not online): UK GDP grew by 0.5% qoq in Q3, but the position the economy is in is now officially worse than it was in the aftermath of the Great Depression. Add to this the [...]