Welcome to European Tribune. It's gone a bit quiet around here these days, but it's still going.
So it hangs on the odds of an external economic boom filtering through to the UK economy?

Well, that would seem to be a "quasi-external" boom, given the dominant influence of the EU economy as a whole in that.

So, what are the odds that the EU gets its act sometime in the next year, which would enable the start of a recovery in 2014 and an acceleration in 2015?

That would seem to be equal to the odds of a strong UK economy, if no domestic growth drivers are available ~ in part because they are not there, and in part because those that are there requires the opposite of a Tory policy to take advantage of.

I've been accused of being a Marxist, yet while Harpo's my favourite, it's Groucho I'm always quoting. Odd, that.

by BruceMcF (agila61 at netscape dot net) on Mon Jul 16th, 2012 at 07:54:15 PM EST
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