Reeves’ black hole alarmism is creating something scarier: A real one
Reeves’ fearmongering has scared Brits into saving. The consequences will be more frightening than Reeves’ ‘black hole’, writes Paul Ormerod A very bad piece of news for the Chancellor, Rachel Reeves, slipped out last week with relatively little comment. The personal savings ratio – the proportion of incomes, net of borrowing, which individuals save – rose […]
