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Crunch Time for Policymakers

Introduction As an outside observer or analyst it is easy to fall into the trap of becoming too abstract and forgetting that policies and actions are formed by individuals who are themselves influenced both by events unfolding around them and their previous experience. Equally, commentators are quick to criticise with the benefit of hindsight often […]


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Beyond the Pandemic

Is Covid still a threat to growth? Introduction: In late December 2019, the World Health Organization (WHO) was notified of a cluster of pneumonia cases in Wuhan City, China. Although it took some months for the significance to be recognized this was the emergence of Covid 19 a virus which caused an economic convulsion. Entire […]


THE WRONG KIND OF INFLATION And what it means for investors

The “wrong kind of snow”…   In the winter of 1991, the Director of Operations at British Rail had the misfortune to appear on an early morning radio programme to discuss the difficulties the rail network was experiencing with weather conditions. He tried to explain that there were particular problems with the type of snow […]


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