Are we about to enjoy a second Roaring Twenties? Not likely – our instincts may be more cautious than carefree
The IndependentThe best of Voices delivered to your inbox every week - from controversial columns to expert analysis Sign up for our free weekly Voices newsletter for expert opinion and columns Sign up to our free weekly Voices newsletter SIGN UP I would like to be emailed about offers, events and updates from The Independent. The vision is that the world will emerge from the dark Covid tunnel – vaccinated, relieved to be alive and ready to embark on a big spending spree with endless partying and fun. Even with those measures, the UK is likely to have seen a 12 per cent fall in GDP in 2020 and the recovery, when it begins later this year, may not take us back to 2019 levels for a decade or more. The Twenties party needs to be carefully managed so that it isn’t just the better-off people in better-off countries who can join the fun and there isn’t an almighty hangover at the end.
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