Policies based on a hyper-liberal approach, which she shared with Ronald Reagan, had massive adverse consequences over time and space. She started a class war,but did not promote economic growth in the UK, as she is widely credited to have done.
The season oftricksis ove. The time has come to forget Eurobonds and to increase the ESM size, enabling ECB to legitimately raise the scale of its operations.
Generalized efforts by all governments to balance their budgets simultaneously might actually result in a perverse combination of budgetary (and trade) imbalances as well as a lower level of employment and income worldwide