NYT: Even if Europe Averts Crisis, Growth May Lag for Years!
Now Markel et al have 600 billon voltage needle in ready to inject to the sick man of Europe to cure, but that trillion dollar intervenes injection is not a cure-all, simply buying debts from banks to shift to the taxpayers that doesn’t cure the sick man, that may be buy short term equanimity, but the massive debt still there as a straightjacket for stopping the growth. Thus there is a no magic potion. Aha now we leave up to the irrational-human, the irrational-nature the irrational-economic self- resuscitations for the recovery along its humby dumpy road. Do you think we call for a help from natural healers for a ritual, calling spirits to guide to the recovery journey?
