Wednesday, March 11, 2009

Interesting article on the economic situation



There is an interesting article as a guest post on Hopi Sen's site on the economy. It makes the sensible point that the consumer-debt-fulled spending of 2000-7 can not continue and that, as such, there may well be a significant shrinkage in the economy. The role of the government is to alleviate that by spending money on poverty relief and on more capital spending.

technorati tags:
| |
More at: News 2 Cromley

No comments: