Quote by Daniel Hannan

You cannot spend your way out of recession or borrow your way out of debt.

You cannot spend your way out of recession or borrow your wa

Summary

This quote suggests that traditional methods of addressing economic downturns or indebtedness are flawed. Rather than relying on excessive spending or accumulating more debt, alternative strategies should be explored. The quote implies that attentiveness to spending habits and seeking sustainable solutions are crucial for effectively addressing recession and resolving debt-related issues.

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By Daniel Hannan

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