Sunday, January 4, 2009

Economic Stimulus - Flogging an old, sick, obese (almost dead) Horse

Governments and Central banks around the world are trying to flog a weak, obese horse, an inefficient system that fed on decades of irresponsible behavior of the greedy.

To get the economy stand up again on its feet, governments are feeding it with more economic irresponsibility. I think it will get up again, but how far it will move and how long it will stand up is to be seen. It will definitely fall down again never to get up ever again causing destruction and anarchy around the world.

What the economy needs is revolutionary changes to correct the system, not another round of unsustainable growth, greed and irresponsibility. This will go on as long as people are not interested in economy and politics.

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