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Posts tagged “GDP

Finance Friday | Recession–what recession?

It seems the British economy is growing and we aren’t in recession after all. GDP has increased 0.3%. Well it’s better than nothing. That means spending has increased by 0.3%, that’s combined spending, the government’s and ours. The government is spending less. Are we spending more?

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Who has all the money?

I have money in my wallet and money in the bank. We all think that we know what money is and how to use it to buy goods and services, but do we really understand the world financial system. It does seem to have become very complicated. Governments around the world are complaining that they are not only broke, but trillions in debt. What’s going on? (more…)