United Kingdom: stamp (Photo credit: Sem Paradeiro)

International Monetary Fund (Photo credit: Wikipedia)

,,,,,,This is an excellent article from the FT and well worth a read. Check it out!

IMF likely to renew call for relaxation of UK austerity – FT.com.

On this occasion, I tend to support the views of the IMF. Personally, I strongly favor fiscal stimulation, preferably in the form of massive incentives in favor of capital spending; I also endorse public sector capital spending in properly costed and risk assessed capital projects.

What do others think?

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