Archive for August 24th, 2009
Tuesday Will Be Fun
Unless you happen to be the Danish finance minister who has to present the budget proposal for 2010. One problem is that fiscal policy has been too lenient during the boom years according to the government’s own economic advisors. Add the risk of creating a massive public debt during the crisis and … well…
Indications are that the relations between the government and the opposition parties (?) are strained. To say the least.
Ingrid Henriksen and Niels Kærgaard on the 1930s and the present crisis (in Danish).