
The episode discusses economic insights during the credit crunch and pandemic, focusing on UK bank lending and fiscal indicators.
This is the latest in my series of podcasts explaining how economics works in the credit crunch and now virus pandemic era. This week I give my thoughts on:- This chart seems to be at odds with everything else I see and hear atm. Can you explain the growth in UK bank lending? Question for today. Do you think the pound becomes a better indicator of fiscal stress if it hits the big 1.30 $/£? On your power system piece, building an new electricity generation, distribution and backup system was always going to be more expensive than using the one we already had, why did Gov not say that from the start?
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