Monday, 21 January 2013

IN THE BLEAK MIDWINTER

Not just the snow

Economic effects of a few days' snow may be pushing the UK's economy back into depression – an economy so fragile that even considering the possibility of further negative growth may make matters worse.

The real problem is of course more fundamental than snow in January but long-term and structural.

Oh dear, can spring rally be that far behind?
 

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