US
There is logical sequence to pass through first four alphabets before reaching 5 Es
Has it resulted in increased savings and inflation control? Not exactly
Govt’s borrowing from banks has increased significantly in recent years
Hate is a top selling political commodity used to gain visibility and traction
With high deficit and debt, mini-budget and IMF tranche will not solve problems
Biggest cost will be social unrest in context of income and wealth inequality
Minister may have best opportunity to contribute towards economic recovery
International partners will not like such a situation due to security implications
Policies, regulations are kept in limbo, often in name of consultation
Despite increase in overall levels of food production, number of food-insecure people is on rise