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July 31, 2016

What happened to the Brexit recession?

One month on from the referendum, there is no sign of the Treasury’s VAR model predictions coming to fruition.
London is teeming with people, many of them foreign visitors, spending money in cafes, restaurants, theatres and other visitor attractions. The country roads are still jammed with caravans, tractors, tourists and white vans trying in all their productive mayhem to go about their business. Wimpish businessmen dithering over trade and investment plans are being forced to get on with life, and it should be noted that turncoat Remain supporter, GSK, this week announced a massive new capital investment programme, one of several such announcements in recent days. | Zero Hedge

Posted by gerardvanderleun at July 31, 2016 11:12 AM. This is an entry on the sideblog of American Digest: Check it out.

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