Quote of the day

“I find economics increasingly satisfactory, and I think I am rather good at it.”– John Maynard Keynes

Saturday 26 March 2016

G7 main expenditure comparisons

NB is 2013 data, but good comparative table:


I note the latest data on household consumption (from OBR) shows households adding to debt at the fast rate for several years - consumption growth is running ahead of income growth by some margin.

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