Sir Mervyn King: no reason to despair over economy - Telegraph
The Governor of the Bank of England urged against “despair” because “all crises come to an end” as official figures were expected to show that Britain is heading back to recession.
Of course he is right. The crisis of the 30s depression came to an end. Shame it took WW2 to do it.
The Governor of the Bank of England urged against “despair” because “all crises come to an end” as official figures were expected to show that Britain is heading back to recession.
Of course he is right. The crisis of the 30s depression came to an end. Shame it took WW2 to do it.
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