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George Magnus’s Viewpoints blog

UK economy came through the referendum ok, now comes the hard part

10th January 2017 Discussing the UK economic outlook in a TV studio interview recently, the other economist turned to me at one point and said ‘Look, the economy’s fine, you should cheer up’. In one respect, of course, she was

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Good economic news and ominous tail risks

6th January 2017 It’s not for nothing that economics is sometimes called the dismal science. Yet it isn’t always true that economists are gloomy. Now is such a moment, especially compared with this time last year, when equity markets were

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Nine Economic Lessons from 2016: the Full Monty

19th December 2016 To finish off in what turned out to be a remarkable year, no year in review in the conventional sense, and no bog-standard, bank-type economic outlook 2017. Rather, and in keeping with the time of year, here

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Trump just raised turned up the political temperature with China

13th December 2016 In an interview with Fox News over the weekend, the President-elect said he didn’t know why the US should be bound by the One China policy unless China was willing to do a deal with the US

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Italy: Now fix the banks, or else…

5th December 2016 In at least three respects, the decision by Italian voters yesterday to reject your 60-40 Prime Minister Matteo Renzi’s constitutional reform proposals in a referendum differs from Brexit and Donald Trump’s election. First, the opinion polls got

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"George Magnus does not look like a prophet. Yet this is the man widely acknowledged to have predicted that the US sub-prime mortgage crisis would trigger a global recession." Josephine Moulds, The Daily Telegraph