At a certain point there should be a revision of the Keynesian policies that keep being implemented on wrong assumptions: that spending drives the economy, that multipliers (probably the most bogus concept in macroeconomics) work, that debt to GDP levels are irrelevant, Etc….
At a certain point there should be a revision of the Keynesian policies that keep being implemented on wrong assumptions: that spending drives the economy, that multipliers (probably the most bogus concept in macroeconomics) work, that debt to GDP levels are irrelevant, Etc….
50% debt to gdp? Which developed country has that?
Switzerland, Singapore, Germany at 60%, Nordics