Originally posted by Assasin
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In Jamaica's condition 2008 til now... when the country is in demand compression mode under IMF supervision with high debt, high crime & high energy costs...rapid growth is IMPOSSIBLE.
This is because, in those circumstances, consistently attracting the huge amounts of foreign capital necessary to drive big growth is IMPOSSIBLE.
Your thesis is much worse than some economist expecting Greece or Spain to post high growth numbers... that person would be labeled an idiot. You appear to wish to be as well
The fundamentals of the economy MUST BE FIXED FIRST...this is what the IMF bitter medicine is designed to accomplish...allied with energy cost reduction and crime abatement
The fact that you either don't know this truth or somehow don't factor this into your analysis shows that you have no real insight into real world economics
Go back to school
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