A nice clear summary from Positive Money of why the reported economic recovery is an illusion, and why we will suffer from ever-increasing debt until we change the way that money is created and used.
Is George Responsible For Growth? Not Likely.
Reports that UK GDP rose by 0.6% in the last quarter means that news outlets are full of articles heralding the end of recession and the start of recovery for the UK economy. Unsurprisingly members of the government have been milking this good news and taking as much credit as they can for having steered…