UK Avoids Recession Thanks to Record Deficit Spending.

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2 years ago
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#gdp #economy #recession #inflation #government

Today we will look at why the U.K. economy would have shrunk massively if it was not for government profligacy.

We will look at why the wealth-producing private sector is being crowded out by the Big Government

FT - UK public sector borrowing doubles in November: https://archive.ph/Z1l6F#selection-1363.0-1363.46

FT - UK public sector borrowing soars more than expected (December): https://archive.ph/SlXpn#selection-1357.0-1357.51

UK's NIESR sees budget deficit hitting 8% in 2022/23: https://www.reuters.com/world/uk/uks-niesr-sees-budget-deficit-hitting-8-202223-2022-09-23/

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Today we will look at how safe your money is in the bank. We will also look at what the banks do when you deposit your money with them.

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