Opinion

Double dip? Evidence suggests not

Richard Hall31 Aug 2010

My favourite chart, because it summarises the entire world economy in one line, shows remarkably how we …

  • Held growth steady at more than 4% up to the end of 2007.
  • Fell off a cliff to worse than a 2% downturn at the beginning of 2009.
  • Have now recovered back above 4% growth in the second quarter of 2010.

It’s plain to see from the latest graph printed in the 31 July edition of The Economist.

So far, so much better than many would have imagined.

Richard Hall is chairman of Zenith International. You can also read his blog at BevBlog.

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Richard Hall is chairman of Zenith International.

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