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The Potemkin UK Economy.
#GDP #economy #UK #deficit #government #spending #borrowing #inflation #energycrisis
Today we will look under the surface to see how well the real economy is doing in the UK.
We are being told that the economy has made a great recovery and that it is now growing back above pre-pandemic levels.
Our conclusion is that the economy is nowhere near being in a healthy state.
UK economy grew beyond pre-pandemic size before Omicron hit: https://www.ft.com/content/37eb7c9d-c4bf-498d-a5ab-ff28d9d2f9c8
UK homes face fresh energy pain with price cap set to hit £2,400 this year: https://www.ft.com/content/d246f8b4-80ef-498f-b9f1-7779acc5efd7
Potemkin Village: https://en.wikipedia.org/wiki/Potemkin_village
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