G20 ministers and bankers pledged to put growth before austerity

Monday, July 22nd 2013 - 06:17 UTC

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The Group of 20 nations pledged to put growth before austerity, seeking to revive a global economy that “remains too weak” and adjusting stimulus policies with care so that recovery is not derailed by volatile financial markets. Read full article

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bushpilot
So, keep on borrowing then.

That's how you get big crashes instead of little crashes.

Just keep on spewing the rhetoric that everything and everyone will be fine so you can keep on throwing a lot of money around and then:

“It really breaks our heart, but we are going to have to default on that Mt. Everest of debt we accrued telling everybody we needed to borrow more, not less, and that everything will be fine.”
Jul 22nd, 2013 - 11:27 pm - Link - Report abuse 0
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