How the west got hooked on economic support
Crisis firefighting has given way to a dependence on government and central banks
Related reading
Only a crisis will wean the west off debt
The British state in particular is unreformable without pressure from the bond markets
The west is buried under red tape
A regulatory ratchet is smothering business, households and government
The rise of two wests threatens the democratic model
Washington has transformed from the system’s global custodian to treating nations as pliable instruments
Beware populist economics
History suggests the political approach ends in unsustainable debt and lower GDP
US economic outlook obscured by shutdown-triggered data gap
The statistical blind spot could affect everything from interest rate cuts to investment decisions
There is a data deal to be done by banking incumbents and upstarts
Customer information is either a private asset or a public good