UK to face 10 years of gloom

16th December 2011

 Ten years on from economic collapse, Argentina is still in recovery, reports the Guardian. But even so, the country is now being hailed as a remarkable success story. The economy appears to be booming, with a real GDP growth of 9.1% – Let's hope Britain will boom again too.

In modern times, the only other rich country that has undergone the kind of decline that now awaits the UK is Japan. But what will a ‘lost decade' look like, and mean for investors?

First, the bad news

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