Economic indicators just don’t add up

How can we have record low government borrowing costs alongside high jobless rates?

14th August, 2016

It’s Olympic Games time – when thoughts naturally turn to doping, cheating, unethical practices, pricing scandals and public investments that don’t add up. But why let the problems of the banking industry interfere with your enjoyment of sport?

Or indeed thoughts of government finances, where the same unpleasant themes arise.

Such is the desperation to secure gold that some people will stop at nothing, regardless of the long-term consequences. Or to...

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