Of the European countries only the UK and Iceland have had large declines in personal spending power in the past five years:
This shows the catastrophic effect of the global financial crisis on the UK. The financial crisis occurred because Gordon Brown deregulated British banks, these grew at an enormous rate in the late nineties/early noughties so countries around the world deregulated to compete. Thank you Gordon.
This shows the catastrophic effect of the global financial crisis on the UK. The financial crisis occurred because Gordon Brown deregulated British banks, these grew at an enormous rate in the late nineties/early noughties so countries around the world deregulated to compete. Thank you Gordon.
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