We won’t just have the worst health outcome in Europe from Covid-19, we will probably have the worst economic one too

I was asked this morning whether it mattered that UK GDP might be 25% down this quarter. My answer to the question was that in principle it did not. GDP is a measure prepared in three ways. For the current purpose the important fact is that it reconciles measures based on both production and sales. […]

source https://thebtrader.com/2020/04/13/we-wont-just-have-the-worst-health-outcome-in-europe-from-covid-19-we-will-probably-have-the-worst-economic-one-too/?utm_source=rss&utm_medium=rss&utm_campaign=we-wont-just-have-the-worst-health-outcome-in-europe-from-covid-19-we-will-probably-have-the-worst-economic-one-too