By Independent, April 09, 2017

The run-up to Easter will focus on politics, not economics, and for obvious reasons. But that is useful, because it will give anyone interested in the world economy a moment to think about the great conundrum facing all of us.

On the one hand, the financial markets have raced ahead, presuming that in economic terms at least we are in some sort of golden age: good and widely spread growth, coupled with low inflation – a Goldilocks economy, not too hot and not too cold.