It seem that financial forecasters are finally predicting what I said 2 years ago: that we would have a double dip recession.
To be honest its as plain as the nose on your face: as long as there is uncertainty then there will be no growth, no growth, no recovery.
Either we face decades of uncertainty and neutral growth, or we ditch the toxic bank debt overboard.
And finally, we don't pay through the nose to dump the debt: the banks bought it, let them suffer the consequences. Its not like there aren't enough solvent banks to pick up the slack. Just let'em sink or swim without government and taxpayer help.
Quick, clean, clinical. lets get back to growth and prosperity without having a several decade debt Albatross hanging round our necks.
Well, If You’re Bringing Up The Subject Of Magical Thinking, Anon…
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I don't normally wander to the 'letters' page of the 'Guardian' but the
response to Gaby's post drew my eye:
The *narrative that the parents should have do...
18 hours ago
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