Property News · September 24, 2017

Britain's growing debt problem demands a fresh set of eyes | Phillip Inman


The OBR’s figures haven’t added up for years, it’s time for an in-depth examination of where the economy is goingIt’s one of the saddest of all economic trade-offs: accept the need for mounting debts just to achieve moderate growth or crack down on borrowing and get no growth at all.When there are queues at food banks and child poverty is on the rise, it might seem invidious at best and irresponsible at worst to choose between reckless growth and sober stagnation. Neither option does the poorest any favours, but that appears to be the main dilemma for central bank policymakers, especially in the US and Britain. Continue reading…

Source : theguardian.com
Read more…Britain’s growing debt problem demands a fresh set of eyes | Phillip Inman

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