THE U.K. SPRING STATEMENT BRINGS WINTER TO MORE WORKERS.

The Office for National Statistics just brought out it second release of GDP data for 2024. It raised the growth rate of GDP from 0.9% to 1.1%. With inflation now pegged at 4% for the year, nominal GDP grew by 5.1%. This contrasts to the growth in VAT receipts of 2.7% for the year ended February 2025. There is only a two month overlap which will not affect the data overly, allowing us to draw the following conclusion: the gap between nominal GDP and VAT collected has expanded from 2% to 2.4% which is highly unlikely. It appears that the new release has inflated GDP even more than the earlier GDP release.

THE GERMAN ECONOMY CRASHES IN Q4 2024 FORCING THE STATE TO STEP IN TO RESCUE IT.

THE JAPANESE ECONOMY ENDS 2024 MODESTLY STRONG. IT WON’T LAST.

IN THE ONE CORNER, ZELENSKY, AND IN THE OTHER TRUMP AND VANCE. A RIGGED FIGHT HIGHLIGHTING THE CHANGED GEOPOLITICAL OUTLOOK.

CHINA STANDS UP TO A NOW FALTERING U.S.A.

HOW INEQUALITY AFFECTS SPENDING AND DEFORMS THE US ECONOMY AND RAISES ITS VULNERABILITY.

This article is written in anticipation of a major correction on Wall Street whose effect will be amplified by inequality.

D. J. NAPOLEAN HAS BEEN IN POWER ONE MONTH AND EVERYTHING IS REBOUNDING

AS WE ENTER 2025, THE CHINESE ECONOMY SHOWS MORE RESILLIENCE.

I have included the latest official report on profits for the Chinese economy after my article. It allows the reader to explore sectorial profits in greater detail.

HISTORY WILL RECORD TRUMP PERSONIFIED THE RUIN OF THE US EMPIRE.

This is Part 2, which is somewhat curtailed by other tasks I have had to fulfil.

THE ECONOMY TRUMP INHERITED.

This is Part 1 of a two part series. This part looks backwards assessing the economy Biden bequeathed to Trump by examining the last quarter of under Biden’s term, aka the fourth quarter of 2024. Next week’s Part 2 will be more forward looking taking into account Trump’s attempts to rebirth the economy especially now that new tariffs are in place covering Mexico, Canada and China.