The one thing I continue to worry about even as this economy appears to be on a very slow mend is another shoe dropping. I don’t think that just happened but here’s a poignant reminder that there are a lot of boots hanging over our heads. The Telegraph is reporting that the U.K. had a […]
Posts Tagged ‘U.K. economy’
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A Chilling Forecast For The Economy Of The U.K.
Posted by Tom Lindmark on December 26th, 2008
An article in the Telegraph this evening suggests that the economy of Great Britain could shrink by between five and ten percent next year. That is a grave number. The article cites the usual complaint about banks not lending money to the private sector. Probably a somewhat valid criticism, though I continue to maintain that […]
