January 26, 2009 at 09:23 AM EST
What’s Worth Buying?
Another weekend, another attention-grabbing headline in the UK Sunday press. Outgoing BOE Cassandra David Blanchflower observed that unemployment in Britain is likely to reach 3 million (from the current 1.92 million) and that rates are “obviously” going to zero. This is the same chap that forecast UK unemployment of 2 million by year-end 2008 months [...]
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