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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