Thursday’s graph: the UK, a view from Madrid
International Financial Analysts AFI in Madrid added their opinion in agreement with more or less everyone else: the mix of relaxed monetary policy, fiscal retrenchment and depreciation of the sterling pound that has been engineered in Downing Street by the Coalition government isn’t working. In fact, AFI said the UK’s is the economy with the weakest recovery response against the crisis among the main developed economies. As the Bank of…
