Keynes was right!

This ‘must-read’ column is not gated. Click on the link below to download all 11 paragraphs. The language is clear, concise, easy to understand. IMHO, the analysis is spot on. If you disagree, please post a comment.

Countries that took emergency measures to reduce public borrowing have mostly suffered weaker growth, as in the case of Britain from 2010 to 2012, Japan this year and the United States after the 2013

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