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Steve Keen – UK’s public spending level no lower despite years of austerity

Summary:
Steve Keen explains why austerity doesn't work and can never work - you can't save yourself to growth. He say's how the Tories have committed themselves so much to austerity now that they can't pull out and admit their mistake, so only the Labour will be able end austerity. [embedded content]

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Steve Keen explains why austerity doesn't work and can never work - you can't save yourself to growth. He say's how the Tories have committed themselves so much to austerity now that they can't pull out and admit their mistake, so only the Labour will be able end austerity.


Mike Norman
Mike Norman is an economist and veteran trader whose career has spanned over 30 years on Wall Street. He is a former member and trader on the CME, NYMEX, COMEX and NYFE and he managed money for one of the largest hedge funds and ran a prop trading desk for Credit Suisse.

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