A great many people are enthralled with Keynesianism, feel its government's job to create jobs regardless of other consequences, and have put forth policies designed to re-inflate bubbles, such as in housing and autos. And got them passed.
Not to mention the low rates, which will be as successful as they have been in Japan.
Yes, that may be changing and no, they don't call them bubbles, but that is what they are.
And I too will hold my breath to see if they can actually rein in spending. I hope they can. Shopping for a country with a future is a task I'd like to avoid.
Not to mention the low rates, which will be as successful as they have been in Japan.
Yes, that may be changing and no, they don't call them bubbles, but that is what they are.
And I too will hold my breath to see if they can actually rein in spending. I hope they can. Shopping for a country with a future is a task I'd like to avoid.