By Calum Nicholson, UK Correspondent There is a famous piece, by the comedian Louis CK, widely known as ‘of course…but maybe’. The clip‘s subtle power and disarming truth doesn’t survive transcription, but in it the American makes an important point: there are many things in life that, of course, are incontrovertible. But maybe, […]
Tag: recession
The digital revolution is losing steam
“Dissecting the global growth and productivity slowdown” By Robert Stehrer, courtesy of WIIW Growth rates in the global economy since the financial crisis have been subdued compared to the boom phase at the beginning of this century (see Figure 1). Compared to the period 2000-06 average real GDP growth slowed from more […]
No-deal Brexit will hit global economy hard, UK hardest of all
With Brexit negotiations going down to the wire (again) it looks increasingly likely that the UK will “crash out” of the European Union without a deal if the EU refuses to grant another extension. This would be very damaging to the British economy and […]
Is ECB stimulus too late?
While monetary “hawks” tend to reject any further monetary easing from the European Central Bank like the plague, doveish types are afraid that the ECB’s latest round of easing didn’t go far enough, and may have come too late anyway. The doves’ point […]
Trade wars are hitting global confidence
There is now a serious risk that escalating trade disputes between major global players will tip the world economy into recession, warns the Financial Times editorial board in a new op-ed published Friday. The FT opinion chiefs tally a number of ominous trends as we […]