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It is surely time for serious reflection when the lunatic logic of the present system encourages us to spend — all too often on credit — to provide a boost to ailing economies when all this will do is provide a boost to banks and to the profits of importers, producer companies, wholesalers and retailers while the jobs slaughter continues.
Cape Town, South Africa-based journalist commentator and author specialising in political and economic analysis and labour matters.
December 10, 2010
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