The UK Economy Is Falling Apart, And It’s About to Get Much Worse

The Bank of England is shifting from strict rate controls to advocating significant cuts, highlighting a struggling economy. The podcast discusses the recession's effects on the UK and global economy, revealing rising unemployment and stagnant GDP. There's a critique of the misleading narrative of recovery amidst ongoing retail sales disappointments. Finally, it explores global stagnation and deepening impoverishment, urging policymakers to rethink their strategies in response to these challenges.