The only economic indicators suggesting we’re out of recession are ones that work in the shadow economy, not the real one. when all these things were initially determined as indicators of anything much, there wasn’t any such thing as a shadow economy. We’re being measured against outdated criterion. All the QE has been going straight into the shadow economy and staying there, that’s why there’s been no inflation in the one we use. In real-world terms, we’re worse off than we were at the start of the crisis, we face the same problems and we’re far more in debt. This is the National Debt ‘owed’ to bankers who’re demanding we pay them back billions they never had in the first place. We all work for the banks, there’s no two ways about it.
BB