Governments around the world have embarked on the greatest financial experiment of all time. That experiment has been labelled by the media as “stimulus” and involves a mixture of government aid, tax relief, unemployment payments and central bank money manipulation on the grandest scale imaginable.

We’re tripping over the financial crisis can that was kicked down the road in 2008/2009, but instead of addressing the issue of national profligacy, governments are doubling down...

BL Premium

This article is reserved for our subscribers.

A subscription helps you enjoy the best of our business content every day along with benefits such as articles from our international business news partners; ProfileData financial data; and digital access to the Sunday Times and Sunday Times Daily.

Already subscribed? Simply sign in below.



Questions or problems? Email helpdesk@businesslive.co.za or call 0860 52 52 00. Got a subscription voucher? Redeem it now