With an economy this fucked I can understand some bloody caution
Most leading economists think we (the world) is entering an era of stagnation and recession. They think it’s going to be really hard to maintain any sort of consistent growth. Especially as borrowing rates for national governments will be volatile, and existing debts will become much more expensive.
How does she propose she can solve that by borrowing billions to nationalise, which will essentially give us no direct return on investment.
Don’t get me wrong. I am for nationalisation. But I don’t see how you can say it’s going to happen now AND somehow give you economic growth at a time when that’s going to be essential.
If you are going to borrow billions, put that into public sector investment and green industry, use growth from that to then nationalise.
Yay I’ve missed her.
I’ll take a pass on socialism thanks
sounds a bit like Tory with their reckless borrowing plans
Sigh.
How many times does it need to be explained that the overwhelming majority of the country don’t want a _radical_ anything?
They want things to work. They want to be paid well. They want companies to be taxed to fund public services.
What they _don’t_ want is to try and tear down the economic system on the gamble it can be rebuilt without too many people being hurt.
The only people demanding radical change are those who have never had to oversee any complex project.
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With an economy this fucked I can understand some bloody caution
Most leading economists think we (the world) is entering an era of stagnation and recession. They think it’s going to be really hard to maintain any sort of consistent growth. Especially as borrowing rates for national governments will be volatile, and existing debts will become much more expensive.
How does she propose she can solve that by borrowing billions to nationalise, which will essentially give us no direct return on investment.
Don’t get me wrong. I am for nationalisation. But I don’t see how you can say it’s going to happen now AND somehow give you economic growth at a time when that’s going to be essential.
If you are going to borrow billions, put that into public sector investment and green industry, use growth from that to then nationalise.
Yay I’ve missed her.
I’ll take a pass on socialism thanks
sounds a bit like Tory with their reckless borrowing plans
Sigh.
How many times does it need to be explained that the overwhelming majority of the country don’t want a _radical_ anything?
They want things to work. They want to be paid well. They want companies to be taxed to fund public services.
What they _don’t_ want is to try and tear down the economic system on the gamble it can be rebuilt without too many people being hurt.
The only people demanding radical change are those who have never had to oversee any complex project.