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Sinking economy - but how deep?

Thursday, July 03, 2008
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The Economist features the ‘sinking’ British economy on their front cover this week. Over at the Telegraph, Edmund Conway writes about a risotto recession whilst in the Independent, the sage Hamish McRae reflects that most people who are harking back to the stagflation of the 1970s are not actually old enough to remember what it was like! And he argues that the world is better placed to withstand the current oil price shock than thirty years ago.


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