February 13, 2013
Time for Britain to Join the Currency War
John Mills, Prospect Blog
Almost everyone has a gloomy outlook for the UK. It is expected to face years of austerity, high unemployment, cuts in expenditure, nil or negative growth, disfiguring inequality and relative if not absolute national decline, as we struggle with increasingly unmanageable debt. But this dismal outlook is not necessary. It is directly the result of avoidable policy mistakes which would not be that difficult to correct.
TAGGED: global economy, UK