Growth does not come from stimulus

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Editor;

Re: State’s mammoth investments vital to Thailand’s economic growth (PM Wednesday, 11 September 2013) – You can always tell when a country is in deep trouble, when some “expert” says the only way to “stay rich” is for the government to borrow money. (Which is exactly what this tool is saying.) Growth does not come from “stimulus”. Debt comes from stimulus. There are no examples (anywhere) to the contrary except in the minds of bookish economists cum policy wonks.

OB