reality – BROAD SPECTRUM

The Deceptive Dichotomy

After a brief hiatus, global stock markets have resumed their upward trajectory. Reports of yet further expansion in government spending and variants of central bank intervention finding favour in preference to hard data, despite the news in fact being speculation or belated, previously proclaimed intervention.

Sleepwalking into Catastrophe.

Suspended Economic Reality is Drawing to an Imminent Conclusion. The True Scale of UK Unemployment is on the Cusp of Revelation. Chancellor Rishi Sunak’s furlough programme has, by the metric of its stated purpose been an apparent success, hitherto preventing a dramatic increase in unemployment during lockdown. A disconcertingly prodigious 8.4 million workers currently fallContinue reading “Sleepwalking into Catastrophe.”