11 Risks Threatening the World Economy [View article]
I suggest adding number 12: "Rise in government spending"
How is government going to pay for all these new and temporary public projects? By adding the unproductive burden of taxation and regulation onto the backs of the wealthy, large and small business and the taxpayers.
Government's contribution to the economy by means of spurious monetary growth creates a false illusion of fleeting prosperity that cannot be sustained.
11 Risks Threatening the World Economy [View article]
How is government going to pay for all these new and temporary public projects? By adding the unproductive burden of taxation and regulation onto the backs of the wealthy, large and small business and the taxpayers.
Government's contribution to the economy by means of spurious monetary growth creates a false illusion of fleeting prosperity that cannot be sustained.