2013-02-24economist.com

``The dangers ahead are of not one, but two, vicious circles. The first is the one seen in Europe, where austerity programmes designed to reduce debt to GDP ratios, end up sending the economy into recession... The second vicious circle relates to the relaxed attitude of the authorities to the decline of the pound. '' -- Sounds familiar...



Comments: Be the first to add a comment

add a comment | go to forum thread