"All we hear is the banjaxed economic corpse model"-Cowen

GreenIsGood

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Apr 26, 2010
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Anyone familiar with this economic model?

Cowen is discussing it on Primetime at the moment.
 


hammer

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Jul 6, 2009
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58,180
We still have an export industry :) Hopefully they are making profits and not selling to generate cash flow.

Yesterdays budget took €2 billion in taxes.
2012 & 2013 is roughly the same.

Can people now see WHY the economy will be banjaxed form years ?

Taking €3,000 from middle income families means spending of €3,000 less in the economy. Simple as :(
 


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