Pantheon Macroeconomics - Today's balance of payments figures for the second quarter likely will underline that the U.K. has financed strong growth in domestic consumption by amassing debts with the rest of the world at a breakneck pace.

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30 September 2016 Britain is Turning to Debt to Maintain an Illusion of Prosperity

By Samuel Tombs

Today's balance of payments figures for the second quarter likely will underline that the U.K. has financed strong growth in domestic consumption by amassing debts with the rest of the world at a breakneck pace.

Posted: 29th Sep 2016 in 'UK Documents'

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