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How ironical that Keynesian economics was such a dirty term when times were good and the market would sort everything out without government involvement.
Now Keynesian economics is the way to go irrespective of political ideology.
Are we going to have a depression?
The thing in our favour is that governments learnt a lot about the depression of the 1930s and are implementing policies which are a stark opposite to those implemented at the time.
Regards
Steven
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