Saturday December 7, 2019

Karl Deeter: A worst case scenario

We are in the midst of a catastrophic recovery, a cure almost as bad as the disease

3rd April, 2016
We are in the midst of a catastrophic recovery, fueled once again by the housing sector

I have mentioned the idea of a ‘catastrophic recovery’ in the past and was recently asked to discuss what it meant, having mistakenly figured that people would naturally know what I was talking about. So, let’s examine how we are in the midst of a recovery that does the maximum damage to the maximum number of constituencies.

Think about that for a moment. It’s a paradox – a recovery that damages...

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