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Reply to: the short, sharp shock is better than the long, drawn-out adjustment.

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Previously on "the short, sharp shock is better than the long, drawn-out adjustment."

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  • TimberWolf
    replied
    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.

    Leave a comment:

  • MrMark
    replied
    Originally posted by sasguru View Post
    What short sharp shock? Didn't they do the largest economic stimulus in history?
    Shows that the opposite of austerity is what is needed?
    They did have major cuts at local state level. More importantly they had a house price crash, and now their economy is able to grow again.

    Leave a comment:

  • AtW
    replied
    US tax laws encourage long term investment - 15% CGT on those.

    Leave a comment:

  • scooterscot
    replied
    That's what they say if you're going to hang. We must have been really naughty to be strangled.

    Leave a comment:

  • Jeff Maginty
    replied
    ..
    Last edited by Jeff Maginty; 7 June 2022, 19:07.

    Leave a comment:

  • sasguru
    replied
    Originally posted by BrilloPad View Post
    US economy is stepping on the gas - Telegraph
    What short sharp shock? Didn't they do the largest economic stimulus in history?
    Shows that the opposite of austerity is what is needed?

    Leave a comment:

  • wim121
    replied
    It should be considering how much profit they make off oil sales ....

    Leave a comment:

  • BrilloPad
    started a topic the short, sharp shock is better than the long, drawn-out adjustment.

    the short, sharp shock is better than the long, drawn-out adjustment.

    US economy is stepping on the gas - Telegraph
    Tags: None

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