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Also, Jérôme's argument is for general policy, not necessarily for short term answers to a crisis. There is little doubt that with less debt-fuelled spending (Government and private) there would not have been such a crisis in the first place.

Earth provides enough to satisfy every man's need, but not every man's greed. Gandhi
by Cyrille (cyrillev domain yahoo.fr) on Thu Jan 1st, 2009 at 08:13:05 AM EST
[ Parent ]
the crisis, it is always this general policy that is formulated.

At a certain point, when repeated, the general policy becomes the answer to the crisis.

Bonddad on kos, who I don't usually care for, has a good piece on what happens when you play it by the so-called "rules" and adhere to the general policy.

Fai de bèn a Bertrand, te lou rendra en cagant

by redstar on Thu Jan 1st, 2009 at 08:36:51 AM EST
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