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Are the biggest barriers to global recovery 'political, not economic'?(UK)

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CHIMO Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-15-11 07:13 PM
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Are the biggest barriers to global recovery 'political, not economic'?(UK)
George Osborne believes the world faces a crisis of confidence in governmental efforts to address structural problems holding back global recovery, and that more political courage is needed. Writing in the Financial Times, he says the biggest barriers to sustainable recovery are political, not economic. Do you agree?
http://www.guardian.co.uk/commentisfree/poll/2011/aug/15/george-osborne-global-economic-recovery
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Demeter Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-15-11 07:20 PM
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1. It's Greed, Ignorance, and Denial
All Mental Issues, methinks.
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bhikkhu Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-15-11 07:30 PM
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2. Neither - they are the constraints of resource depletion
Which economists have never really had to worry about much before, and so don't really fit into economic theories well. Its also a good explanation for why we have had so many "we don't know why this isn't working" moments in the past ten years.
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