Episode 10 | Survival of the richest - August 2021

The podcast that keeps you up to date with what is happening economy-wise in Northern Ireland.Recessions traditionally follow a standard playbook. A fall in output followed by a lagged rise in job losses and unemployment triggering a decrease in consumer spending hitting retail sales and the housing market. That was the typical path of recessions. The COVID-19 pandemic spawned a new recessionary variant. The UK economy posted its biggest slump in output in over 300 years. Yet a com...