PPRuNe Forums - View Single Post - Growing Evidence That The Upturn Is Upon Us
Old 23rd Jan 2009, 11:40
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Sciolistes
 
Join Date: Aug 2008
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you cannot build an economy on debt where virtually the only 'industries' you possess are finance and house building.
All modern economies are built on debt. Debt is quite literally currency. Without debt there would be little economic growth.

Personal responsibility will be the watch words of the future
My personal opinion, but I think that personal responsibility went for good since the powers that have been and continue to be obsessed on new legislation and regulation as solutions.
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