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the short, sharp shock is better than the long, drawn-out adjustment.
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Originally posted by BrilloPad View Post
Shows that the opposite of austerity is what is needed?Hard Brexit now!
#prayfornodealComment
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That's what they say if you're going to hang. We must have been really naughty to be strangled."Never argue with stupid people, they will drag you down to their level and beat you with experience". Mark TwainComment
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Originally posted by sasguru View PostWhat short sharp shock? Didn't they do the largest economic stimulus in history?
Shows that the opposite of austerity is what is needed?Speaking gibberish on internet talkboards since last Michaelmas. Plus here on TwitterComment
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I think you have to have the crash, when things are bad, before you can rebuild. Propping up broken infrastructure is either prolonging the pain or worsening the crash when it happens. The US and Iceland may have had theirs and are coming out the other side, but GB is still busily building up debt, so it's hard to be optimistic for us.Comment
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