Less poverty!Less unemployment!Less homelessness! Money to pay for more good things!More happiness!...

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Transcript of Less poverty!Less unemployment!Less homelessness! Money to pay for more good things!More happiness!...

Less poverty! Less unemployment! Less homelessness!

Money to pay for more good things! More happiness!

More money to pay for mitigation of any side-effects!

There are a few big-time winners,even if they are still not content in many cases

Many losers think that there is still hope to catch up

There are a fair few more who gain in short-term

Growth delusions: ‘Boom times’

Growth and then more growth,with the odd

‘cleansing recession’

‘TAP’Pressure

+ inequality

‘TAP’Pressure

+ inequality

Loans/new money DebtDebt

New financial instruments

‘TAP’Pressure

+ inequality

‘TAP’Pressure

+ inequality

Loans/new money DebtDebt

Credit Downturn

Credit Downturn

New financial instruments

BubbleBubbleBubbleBubble

‘TAP’Pressure

+ inequality

‘TAP’Pressure

+ inequality

Loans/new money DebtDebt

Credit Downturn

Credit Downturn

“Get the economy going!”

“Get the economy going!”

Growth at any cost!Relax protection!“Drill, baby, drill!”Cut taxes!

New financial instruments

BubbleBubbleBubbleBubble

‘TAP’Pressure

+ inequality

‘TAP’Pressure

+ inequality

Loans/new money DebtDebt

Credit Downturn

Credit Downturn

“Get the economy going!”

“Get the economy going!”

Growth at any cost!Relax protection!“Drill, baby, drill!”Cut taxes!

New financial instruments

BubbleBubbleBubbleBubble

Growth delusions: ‘Trickle Down’

Sao Paolo, Brazil

Growth delusions: ‘More jobs!’

Growth delusions: ‘More jobs!’

Growth delusions: ‘More jobs!’

Growth delusions: “Plan!”

Growth delusion: “The market can fix it”

Growth delusion: “The market can fix it”

Growth delusions: “Put a ‘tiger’ in your tank”