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I studied the 'spend in recession save in boom' theory at Uni and it's exceptionally effective if you can get it right. It's a high risk strategy there's no denial of that, but it's one which can prove very effective.

What did your course say about governments spending stupidly during the boom and then borrowing to spend even more during recession?

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Neither am I.

 

I haven't said that the end of the club is imminent. That much is completely obvious from what I've written.

 

My post wasn't a personal attack on you, Mr Singe.

OK Corporal, I apologise for taking it that way, sir.

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