“The failure of economists to forecast recessions is virtually unblemished,” notes Prakash Loungani, assistant director at the International Monetary Fund (IMF). This includes the economists at the IM

Issue of the week: the AI bubble of 2025 ...

The winners and losers of 2025 It felt ...

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In May 2008, I was in Ireland on a holiday I eventually had to cut short because the property and credit bubble had made everything absurdly expensive and blown my budget. One day, I fell into convers

The leisure sector is but part of the gigantic services sector, which accounts for roughly 80% of UK GDP. The latter encompasses everything from professional services such as solicitors and accountant