The Future of Fiscal Intervention

Mike Downey: It's going to be really interesting to see whether this sort of more intervention, a style of economic policy sticks around and for how long. He says it was still a struggle to convince people that we had successfully managed one of the worst global pandemics in 100 years. After 2008, there was a lot of extend and pretend post 2008, he adds. But if you see people extend and pretend for the foreseeable future, but the economy remains strong, maybe some of those office buildings get transformed into something else, then it's a strategy that could be perfectly tenable. Back to Mail Online home. Back to the page you came from.