Wednesday, March 11, 2009

Record fiscal deficit - Not a worry, let's invest

Just to add to what I mentioned in my previous post.

This is no time for governments to curtail investment. Countries such as USA and China and also others are investing heavily in their attempt to come out of this recession quickly.

US Fiscal Deficit Projected At 12.3% of GDP In 2009

China budgets record-high fiscal deficit in fight against global crisis

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