There has been much talk in the press of the economy heading for a recession next year, which against a background of a meltdo

Why is the UK economy in recession? In recent years, people are increasingly talking about heading for recession in the next few years. This can be understood with the collapse of emerging markets and a decline in business confidence. The collapse of the recent Russian ruble seems to bring further distortion to the crisis, bring new pressure to other emerging countries, and causing a big selling price in the stock market.

The impending backdrop is the high-tech stock bubble. It broke out in March 2000 and put the economy into recession. The next thing to say is that - it explains the abnormal asymmetry of the bubble. In the next three years, the income of the poorest households has more than doubled from the wealthiest. According to William Spriggs, Chief Economist of AFL - CIO, the country 's largest union organization, fund - rich companies can purchase more customers through mergers and fund it through dividends using. But he said that American workers can not tolerate more business cycles and that these economic cycles have little income. "This rebound is so big that this is the last time they were lucky."

Withdrawal from the UK in the EU will face the British recession next year. After a 3% increase this year, the country's GDP is waiting for 0.6% of the recession next year (it is expected to return 4% in 2018). The main drawback is uncertainty. This will lead mainly to a 7% reduction in this year's investment, a 4% reduction next year, a 5% reduction in household consumption in 2017, and a savings rate from 6% to 10%. For 19 consecutive months, Japanese imports fell sharply, down 24.7% (below forecast) compared with the same period last year, the biggest drop since October 2009. Exports were frustrating as well, lacking expectations, a decline of 14.1% from the same period last year. This is the worst result since October 2009. The biggest driving force of Japan's trade collapse is that the trade balance of China has declined by 44%.

From now on, this problem will become serious. If next year's inflation and zero growth will reach 2% - some analysts worry about 1% recession - and the deficit will rise. In the long run, the OBR may judge that future economic growth as a whole is being ruined by Brexit - this means that debt must be calculated over a longer period of a smaller economy To do. But this meant that housing prices soared above the average worker wage, they created global speculative targets in the big city residential market and guaranteed the pricing of local people. It dragged rent beyond what many people can not get - so most people 's income is used for housing expenses. Osbourne had no time to try to calm his purchase - but he did not try to stop the speculative construction boom. Even social housing and social rents become uncontrollable