Kruggers has a typical thoughtful column on why the situation is different now in the States and how a large expansionary fiscal policy as proposed by Trump ( if you believe his promises) could be playing with fire. HERE is some more
It is simply a variation of what Keynes said when standing with Lloyd George in an election campaign,
When the facts change I change my mind. what do you do sir. We know The Peroxide Princess doesn't change her mind at all or even understand the situation is different.
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