15 June 2012

Britain to give banks $200 billion to kick-start economy

I wonder where the money will come from? The country is as broke as its private sector. 

Osborne unveils £140bn scheme to kick-start stagnant economy.

Interventionism is constantly proven to stifle markets, not encourage a return to positive activity. I would expect that this injection of inflated capital will not promote long-term growth. It never does. 

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