Duncan’s Economic Blog

Links for Tuesday

Posted in Uncategorized by duncanseconomicblog on December 1, 2009

My weekly article over at Labourlist – having a look at the GDP numbers.

Alphaville on 19th Century ‘shadow banking’.

Paul on Frank Field and Economic Policy.

Wolfgang Munchau on Greece.

2 Responses

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  1. Bill le Breton said, on December 1, 2009 at 12:01 pm

    Duncan, what are your thoughts on the Money Supply figures?

    • duncanseconomicblog said, on December 1, 2009 at 12:15 pm

      Not good Bill,

      The number I’m watching is M4L to PNFCs 9pribvate non financial companies) and the yoy figure is still negative.

      The full ‘industrial’ data set is worth a look.

      http://www.bankofengland.co.uk/statistics/abl/2009/oct/index.htm

      3 month annualised growth rate of lending to manufacturing is -23.7%. Even in services it’s -9.5%!


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