The era of debt-driven high growth is nearing its end

Thursday, 21 September 2023

Decades of debt-driven growth have made many governments, businesses and consumers complacent; difficult choices have been postponed and spending decisions have been driven by an and-and instead of or-or attitude. We are entering a new era in which painful choices are inevitable.

 

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Maria Thorvardardottir

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Maria Thorvardardottir