UK Imbalance

UKĀ Imbalance

Too much debt, no savings, a government overspend only likely to worsen, and their reflection in a high external deficit. But also the misallocation of scarce corporate funds to keep the plates spinning, all of which helps ensure real incomes are depressed. Don't blame Brexit for the UK's woes: blame Mark Carney.

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Cantillon Consulting

June 30, 2017
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