Recent economic policy focused on the unsustainable. Now the...

  1. 10,404 Posts.
    Recent economic policy focused on the unsustainable. Now the fruits of this are being felt. It's ironic that the failure of the system unwinds in such spectacular fashion. That of course masks the true situation into which we are entering.

    I used to talk of the new economics, a setting to handle our, the world's, future. Micro economic reforms are meaningless. Tinkering at the sides does nothing. Either Central Banks start advising governments of the true situation or our world and it's order are in big trouble.

    I'm trying to sumize an incredible complex set of issues. I know this will spark the usual skepticism instead of serious in depth debate. But it has to be said.

    Crucify me....
 
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