Spot on. Our politicians are failing us. This is from the CEO of a Swiss computer hardware support company, with subsidiaries across Europe including in… Read More »Quote of the day “The backbone of all these economies are SMEs and they need money now. I don’t think politicians are aware of the magnitude of this.”
How do I know it will be a steeper fall than in the 1930s? look at the table below (source Nicholas Crafts and Peter Fearon:… Read More »An inaccurate Financial Times headline “Global economy set for sharpest reversal since the Great Depression” – NO ! the fall will be steeper
The UK chancellor of the exchequer (finance minister) yesterday started filling one of the glaring gaps in the UK’s program of support for business during… Read More »Sunak takes one step in the right direction, but why not further?
Informative piece from yesterday’s New York Times about France’s economic response to the pandemic. How is it they seem to be getting the money to… Read More »Economic support: why is France so quick and the UK so slow?
How we can get appropriate pandemic relief to all businesses and non-profits, rapidly with little bureaucracy … we can calculate relief easily and rapidly, the… Read More »Press release: relief for all business and non-profits – a practical scheme
Some key survey information reported today by the BBC’s Andy Verity https://www.bbc.co.uk/news/business-52114414 . His interviews give a clear picture of why the governments business interruption… Read More »A fifth of smaller UK firms will run out of cash
March 30th, great opinion piece in the NY Times – “There is nothing efficient in the destruction of businesses that were viable before the virus… Read More »Saez and Zucman on the “liquidationist mentality” that grips both left and right
I cannot understand the almost fatalistic response to the crisis by our policy makers. They seem to start from the perspective that major economic damage… Read More »We have enough resources to save every job and every business