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Stock exchanges and commodity prices are on their way up. The world economy is showing faltering signs of recovery. There’s no doubt that it’ll be a long haul. Millions of people all over the world have had their lives devastated by the economic tsunami. It will take years to clean up all the mess. But one major national economy after another has announced that the recession is officially over – France, Germany, Japan and even the USA. All except Britain. Why is British capitalism still stubbornly stuck in the mire?