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Emeritus Prof Christopher May
Emeritus Prof Christopher May
@ChrisMayLA6@zirk.us  ·  activity timestamp yesterday

So UK GDP grew by 0.3% in November, which is within the statistical error margin for zero, again.... in the medium-term, what we see is essentially a stagnant economy, where the only real economic shifts are the continued slow drain of income & wealth from the majority population into the pockets of the rich elites...

This is not an economy that is 'working'... and for the de-growth folk out there; managed de-growth is one thing, chaotic stagnation another!

#inequality #politics

ChartL UK economy grew in November.
Estimated monthly change in real gross domestic product (GDP), Nov 2023 to Nov 2025 - shows oscillation between growth & shrinkage with the former never going above 0.5% & the latter never below 0.3%... but overall trend of very slow growth math on month
ChartL UK economy grew in November. Estimated monthly change in real gross domestic product (GDP), Nov 2023 to Nov 2025 - shows oscillation between growth & shrinkage with the former never going above 0.5% & the latter never below 0.3%... but overall trend of very slow growth math on month
ChartL UK economy grew in November. Estimated monthly change in real gross domestic product (GDP), Nov 2023 to Nov 2025 - shows oscillation between growth & shrinkage with the former never going above 0.5% & the latter never below 0.3%... but overall trend of very slow growth math on month
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