Let’s choose more economic pain in 2012, not less
The debt-for-growth driven Western economic model of the last 30 years has hit the buffers. Boosting consumption and printing money will only add to the debts. We need more economic pain, not less. A few hours under the knife, followed by a period of recuperation, is a much better option……..read more
Article from the South China Morning Post, January 2012
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