Amongst
all the political strutting when the UK economy came out of recession thanks to
1% economic growth in Q3 of 2012 was an absolute gem that our great leaders of
Westminster decided not to tell us……we came out of recession thanks to a once
in a lifetime economic party designed to make the UK money. AKA The Olympics.
And
that is the bigger story……it took something so vast to take us out of recession
that there is genuine concern for the UK economy in the short term.
I
will leave you with just one thought on the subject:
In
every Olympics ever held (except Beijing 2008), every host nation has suffered
an economic slump the following year.
Let’s
hope those gold medal memories last long into 2013 as they will have to be paid
for!
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