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'Meaningful conversation' with Fika Fridays

A NEW business in Carlisle looks to bring a bit of Scandinavian culture to the city, promoting coffee, cakes, and most importantly good conversation. ....

United Kingdom , Denton Holme , Rhoda Fearon , Bertram Carr , Fika Friday ,

Is the coronavirus fog lifting?


Phil Rose (picture supplied by Martello Asset Managment) (30543244)
Picture: DAVID FERGUSON. (30550547)
Let’s go back to January 2020. The future looks bright, the sun is shining. We have that feel-good factor. A positive outlook encourages spending and there is a strong money-flow multiplier effect.
Each pound spent forms part of the wages of the provider of the goods we buy who, in turn, uses those funds to purchase further goods, creating a self-feeding effect where the same pound is spent many times over, boosting economic activity.
In early 2020, fog descended. Retail outlets, leisure facilities, travel availability, restaurants, pubs, cinemas, theatres, were all closed due to the spread of Covid-19, curtailing spending. Money effectively stopped moving. Panicked central governments responded by pushing $10 trillion into the financial system to support global economies. ....

Bertram Carr , பெர்ட்ராம் கார் ,