this post was submitted on 27 Nov 2023
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Powerful Lords committee damns Bank of England over inflation forecasts (www.theguardian.com)
submitted 1 year ago by stopthatgirl7@kbin.social to c/worldnews@lemmy.ml
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Report says lack of ‘intellectual diversity’ at senior level and too wide a range of priorities led to errors and fall in public confidence

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[–] CurlyWurlies4All@slrpnk.net 1 points 1 year ago (1 children)

Isn't that what people have been saying for decades? Yet the 'economic miracle of Japan' just keeps rolling.

https://foreignpolicy.com/2023/09/14/japan-economy-neoliberalism-east-asia-washington-consensus-imf/

[–] BlameThePeacock@lemmy.ca 1 points 1 year ago

Considering that their population only started decreasing about 4-5 years ago, I don't know how "decades" is possible.