Lead Italian
How will the next UK recession effect global markets and how to recover?
Nouriel Roubini, a leading Italian economist, stated that the UK is in imminent danger of a new double dip recession. How is this likely to effect the rest of Europe and the US and what steps do you think might be taken to recover this time? Can austerity measures cut any deeper or must governments now address denominated GDP growth as well?
source: http://www.cnbc.com/id/44368995
The tories dont really do economic sense. They talked downthe economy and destroyed already weak business and consumer confidence, and the private setor was never going to fill gap left open by government cuts if the private sector thiught it would lose money investing and ifconsumers, worried about their pockets, saved rather than spent.
And this is ignoring allthe implocations on living standards, inequality and efficiencythe cuts have.
Theuk was doomed whenit elected an economically incompetent administration.
2011 Euro Champs womens sabre: Team Italy takes gold
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