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There is no plan b
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A carrier bag full of bricks and a couple of empty cans of 80/ should suffice.Originally posted by zeitghostI'll drink to that.
Big stones to do it quickly or tiny little ones to drag it out a bit?If you think my attitude stinks, you should smell my fingers.Comment
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And look at what happened to governments that quote Keynes and don't cut (Argentina, Ukraine, Russia etc.) - they go bankrupt under the weight of debt.Originally posted by sasguru View PostHey thicko! Look up what happened to the US when they cut everything in the last depression.
A Keynesian approach buys you some time. The problem is we have used Keynesian economics in the UK to starve off recession since 2001. And while it works in the short term, you can't keep doing it forever.Comment
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[QUOTE=centurian;1437070]The problem is we have used Keynesian economics in the UK to starve off recession since 2001. [QUOTE]
No we haven't. I don't think Keynes advocated bribing your voter base with public funds, having no oversight over financial institutions, starting pointless wars you can't afford etc etc.
Back in 2001 the fiscal and monetary position was still OK, Labour hadn't completely wrecked the good work of the previous Tory Administration yet.Hard Brexit now!
#prayfornodealComment
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I am clinging to the hope that the krauts will eventually dig deep and cough up. They know they cant do this straight away as the feckless pigs will be back again and again.
Have to get them feeling pain and making the changes needed first.
Germans know it will cost them even more if it goes norks up.
UK - another lost decade beckons...Comment
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