Only a big-spending budget can save us from years of low interest rates
by Phillip Inman from on (#2YF4W)
As long as austerity continues to smother the economy it will be impossible to take the necessary steps to restore growth
One of the economy's lingering tumours, one that needs the financial equivalent of radiation therapy, can be found inside the banking industry.
According to a report last week, the banks continue to harbour bad debts that eat away at their health and prevent them functioning properly.
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