See http://www.theguardian.com/business/2015/oct/06/imf-warns-stagnation-threat-g7-economies .
OK this is the Guardian and it is a paper of the left, but this is worrying.
The growth in the west is not based on firm foundations. For a
long time I have advocated living within our means and not on borrowed
money at low interest rates. This will not last.
At some point debts have to be paid.
Could not agree more!
ReplyDelete73 Jan DK3LJ