Say “Welcome To Recession,” Great Britain

by Mike Goodman

We’re Not In Recession!

Not officially. But we soon will be. The government are congratulating themselves on reaching a so-called budget surplus for the last quarter (October to December) of 2017, which was the third quarter of the fiscal year just ended. They have done this, regardless of the state of the economy, as a deliberate policy target since that was first set by George Osborne. Continue reading “Say “Welcome To Recession,” Great Britain”