1563. Maybe slowdown allows for change
What looks like bad news may be the news we meed if we are to make necessary changes.
This quote from the FT this morning is telling, and I think accurate:
The Bank of England this week cut its forecasts for UK growth, citing weakness in productivity growth. Across the continent, unemployment remains high, investment is weak and banks remain weighed down by non-performing loans.
To put it another way global capitalism is far from out of the mess that 2008 created as yet.
- See more at: http://www.taxresearch.org.uk/Blog/2015/05/15/global-capitalism-is-far-from-being-out-of-the-mess-that-2008-created/#.dpuf