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The economy is a lie

Geoff Riley

28th March 2008

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Martin Samuel is best known for his robust soccer reporting. But today he fixed his steely glare on the artifical inflation rampant throughout the economy and which is now under threat from the economic slowdown. A hearty and lively polemic which is worth casting an eye over.

A brief taster…

“The economy is false. The economy is a lie. The economy is a fictional set of numbers cooked up during a boom period that is almost over, and six months from now nothing will add up….... Our lives are full of inflated expenses that are propping up Brown’s fairyland economy and, when the penny drops, this crash will be the mightiest ever”

The rest of the article is here

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Geoff Riley

Geoff Riley FRSA has been teaching Economics for nearly forty years. He has over twenty years experience as Head of Economics at leading schools. He writes extensively and is a contributor and presenter on CPD and Revision conferences in the UK and overseas.

@tutor2uGeoff

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