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Econo-fatigue
kabayiri
Posts: 22,740 Forumite
Okay, perhaps it's a term which doesn't exist, but for me econo-fatigue has clearly set in.
I'd define it as a resignation that our current economic ails are beyond the ability of mere individuals to solve, and that the power brokers seem unable to resolve either.
I remember first hearing about QE and being quite shocked at the idea we would create £50bn or a £100bn; the bail out of the banks involved more billions of a fix than I'd ever considered possible.
Now, if some minister announced another £150bn of QE, or a further bailout of banks, I doubt I would even blink.
Do you suffer from econo-fatigue? Does this make it easier for big business and politicians to push ahead with changes which suit them?
I'd define it as a resignation that our current economic ails are beyond the ability of mere individuals to solve, and that the power brokers seem unable to resolve either.
I remember first hearing about QE and being quite shocked at the idea we would create £50bn or a £100bn; the bail out of the banks involved more billions of a fix than I'd ever considered possible.
Now, if some minister announced another £150bn of QE, or a further bailout of banks, I doubt I would even blink.
Do you suffer from econo-fatigue? Does this make it easier for big business and politicians to push ahead with changes which suit them?
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Comments
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Okay, perhaps it's a term which doesn't exist, but for me econo-fatigue has clearly set in.
I'd define it as a resignation that our current economic ails are beyond the ability of mere individuals to solve, and that the power brokers seem unable to resolve either.
I remember first hearing about QE and being quite shocked at the idea we would create £50bn or a £100bn; the bail out of the banks involved more billions of a fix than I'd ever considered possible.
Now, if some minister announced another £150bn of QE, or a further bailout of banks, I doubt I would even blink.
Do you suffer from econo-fatigue? Does this make it easier for big business and politicians to push ahead with changes which suit them?
Yes, Yes:sad:"If you act like an illiterate man, your learning will never stop... Being uneducated, you have no fear of the future.".....
"big business is parasitic, like a mosquito, whereas I prefer the lighter touch, like that of a butterfly. "A butterfly can suck honey from the flower without damaging it," "Arunachalam Muruganantham0 -
Yup, here too.0
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Definitely. Hardly ever post anymore."A thousand candles can be lit from a single candle without shortening the life of that candle."
I still am Puddleglum - phew!0
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