Friday, June 26, 2009

The economy as a saxophone?

No, not something suggested by Terry Pratchett, but rather a description by Doug McWilliams - erstwhile colleague many years ago at the CBI - in yesterday's Financial Times to describe the shape of the economic recovery.
But which one? I presume he means an alto or tenor. But what about a baritone? Or even a bass with all its bends and stretches. That could be fun, but it would make the economy a bit of a rollercoaster ride! Try modelling that one, economists out there?

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