It is possible to think
that at times this blog might err on the side of pessimism.
If this is really what you
want Money Markets can be much scarier talking
about 2014 being the first year of the New Dark Age.
On the other hand in
Project Syndicate, Ashoka Mody is almost an incurable optimist but perhaps
an impossible idealist, He suggests:
Quote:
More public
investment is twice blessed. It can shake the world out of its stupor; and it
can safeguard against “secular stagnation.”
The US,
Germany, the United Kingdom, France, and China should act together to provide
that boost. Otherwise, a sustainable global recovery may remain elusive, in
which case 2014 could end in low gear as well.
Unquote.
The snag is
that there are some big players absent from this feast who could upset the
table. But those at the feast seem to
number vegans, vegetarians, carnivores and some with allergy problems,
At present our
leaders argue that the smart money is on optimism, so long as it allows for
inflation, deflation, peace and progress.
"It is possible to think that at times this blog might err on the side of pessimism."
ReplyDeleteSurely not! What about the Christmas spirit?