Recovery ‘built on housing bubble and consumer debt’ – Telegraph

This is a MUST READ article from the Telegraph citing latest evidence from leading think-tank IPPR. Check it out!

via Recovery ‘built on housing bubble and consumer debt’ – Telegraph.

Personally, I very much agree with the article. Smalls businesses are still struggling to gain access to finance at competitive rates, whilst large businesses prefer cash mountains to investment. At the same time, low-risk, public sector investment, with a high NPV is ignored on political grounds.

What has David Cameron’s government done to:

  • Increase the UK’s competitiveness
  • Stimulate exports
  • English: A summary of UK house prices between ...

    English: A summary of UK house prices between 1975 and 2006 (adjusted for inflation) (Photo credit: Wikipedia)

    Enhance the nation’s skills?

  • Accelerate investment in both the public and private sectors?

Any thoughts?

 

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One response

  1. The answer to Dr Alf,s 4 points is “Too little too late” and in the case of exports he has failed to sell arms to enough Arab countries as BAE Defence System,s pointman and his recent trip to China did not get a mention of any note if at all,in the mainstream Chinese press.
    Investment is coming not into the economy but into the NHS where at places like the Royal Free NHS patients are being sent home while entire floors are devoted to private patients drawn from the ranks of Russian oligarchs and wealthy Arabs who presumably pay high fees to have their afflictions treated.

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