Originally Posted by
A Quiet Monkfish
The Chancellor et al are quoting figures that suggest the economy is bouncing back more quickly than originally anticipated. What he no doubt knows but doesn't broadcast, is the knock on effect that hasn't even been factored in to the figures and which hasn't begun : car loans, mortgages, business rents, rates, plus all those businesses waiting to lay off staff in Sept/Oct. They talk about a 'second wave' of CV19 - there's going to be a second wave of economic despair, I fear..