Just in case anyone thought that using words like “distress” or “difficulty” was appropriate, they’re not. We are in as much danger as we were in 2008 but we are facing this catastrophe much poorer and shellshocked. Our politicians have a bad case of policy fatigue, everything they’ve tried has failed so they think nothing will work, despite them having tried only those things destined to fail. Welcome to your recession within a depression.
As I said, have a nice weekend.
Filed under: Economics
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