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Private message for armchair ekonomosist

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    Private message for armchair ekonomosist

    As we have now apparently exited recession

    and assuming we don't triple dip

    How long before interest rates start ticking up?
    How fortunate for governments that the people they administer don't think

    #2
    I don't go with the measurement of growth. Just one example is the Olympics; it made growth for some multinationals but the Olympics made many local (London) small business go the wall as regular customers stayed away from central London
    "A people that elect corrupt politicians, imposters, thieves and traitors are not victims, but accomplices," George Orwell

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      #3
      We need to inflate away all the debt first.
      The material prosperity of a nation is not an abiding possession; the deeds of its people are.

      George Frederic Watts

      http://en.wikipedia.org/wiki/Postman's_Park

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