Benedict Mcaleenan

The coronavirus crisis reveals the misery of ‘degrowth’

Credit: Twitter

This is an economic horror show. According to YouGov, UK unemployment may have jumped five per cent in a matter of weeks. The consultancy CEBR estimates that global GDP may shrink by twice the rate seen in the Great Recession. This may be the worst hit to British people’s livelihoods since the Great Depression of the 1930s.

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