Feb 25: This is no recovery, this is a bubble

http://www.theguardian.com/commentisfree/2014/feb/24/recovery-bubble-crash-uk-us-investors This is no recovery, this is a bubble – and it will burst Ha-Joon Chang According to the stock market, the UK economy is in a boom. Not just any old boom, but a historic one. On 28 October 2013, the FTSE 100 index hit 6,734, breaching the level achieved at the height of […]

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