Most people recognize that the stock market has been divorced from reality for quite some time. That said, the relentless propagandizing from the shills on Wall Street sometimes leaves even me thinking that I really must be missing something. But invariably, along comes a bit of fact-based reporting, as with this annotated article from the New York Times‚ Floyd Norris, „A Recovery Less Robust Than in the ’70s,” and all is clear once again.
To judge by the stock market, the recovery from the Great Recession is much stronger than the one after the early 1970s recession, which followed the first oil price shock.
But by most other measures, the current recovery is far weaker.
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W styczniu 2020 roku Wielka Brytania formalnie opuściła Unię Europejską. Oczekiwane korzyści z brexitu, poza odzyskaniem suwerenności w zakresie kształtowania prawa i zewnętrznych relacji gospodarczych, jednak się nie zmaterializowały. Widoczny jest natomiast spadek wydajności i konkurencyjności brytyjskiej gospodarki, co wpływa także na kondycję rynku pracy.
