Leaders are currently trying to work out that to do to help their country through this turbulent economic time. A number are 'bailing out' their banks and investing in public infrastructure projects to get money circulating. Is this the right approach?
Well, one particular problem is that it won't work if only a small number of countries do it ... and if some of them do it half-heartedly. It needs co-ordinated action.
And if it fails, those who tried it have wasted their investment.... those who kept out (held their nerve?) then have an advantage.
Only time will tell who is right ... but I'm glad I'm not wearing those shoes!
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