I often get side tracked in researching some of the side bar links that Guido posts.
Articles I wouldn't ordinarily bother looking for, in that respect, order-order is a good news aggregator.
The attached link caught my eye from todays front page of Guido's website:
View attachment 682772
" Brexit has raised the cost of imports from continental Europe and incentivised households to switch towards more expensive domestically-produced goods and services. The recent rise in energy prices has constituted a large terms-of-trade shock for the UK. "
A Risky Present - NIESR
As we publish our Summer Economic Outlook, the UK economy may already be in recession and, with consumer price inflation close to double figures, the threat of stagflation has returned for the first time since the 1970s.www.niesr.ac.uk
"Finally, we would advise the government to focus on minimising the negative effects of Brexit by reducing the trade barriers between the UK and the European Union, including the Republic of Ireland. We would certainly advise against risking a trade war with our nearest and largest trading partner, the EU, by overturning the Northern Ireland Protocol, which has supported productivity and output growth in some sectors in Northern Ireland."
I'd never heard of the National Institute of Economic and Social Research before, it's certainly not held up as any measure of good work, so had a quick dive into who would be behind such fake hyperbole, which identify some very weepy conclusions.
Imagine my surprise when examining the "people" who were mostly academics, LSE, EU, etc but what really surprised me, was their list of "governors" which reads like a Remainers nominal roll:
Highlights include:
Governors of the National Institute of Economic and Social Research The Lord Adonis
Kamal Ahmed......
The list of wobble gobbed remainers comes as no surprise so I stopped digging.
They haven't gone away.
ETA:
Apart from the obvious above, I picked a few at random to look at.
We're going to have to dig a bigger hole:
Niall Fitzgerald KBE
www.ul.ie
It looks like an extension of Project Fear which worked tremendously for them the first time around.
