Tag: capital

A conversation with Shuaibu Idris, a development economist from Nigeria, about the future of infrastructure spending in Africa

On the 16th December 2021, I had a fascinating chat with Shuaibu Idris, a Nigerian development economist and MD of Time-Line Consult, a Lagos-based financial consultancy and management firm, about the state of infrastructure spending and general investment levels on the continent for an article for the weekday South African media outlet, Business Day ( https://www.businesslive.co.za/bd/opinion/2021-12-23-george-philipas-infrastructure-spending-in-africa-is-at-a-crossroads/ )… Thought I would share his insightful extended comments.

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Why worries about inflation are missing the point…It’s the debt (and low productivity) stupid… We are in the last days of the post-1945 economic miracle

From a repeat of the Roaring 20s to the Boring 20s to “That ‘70s Show”, describing the decade ahead by diving deep into the past for comparisons has become a bit of a fad. 

It’s certainly a fun thought experiment for those who care about these things.

But there is a serious unspoken truth to it all. 

Continue reading “Why worries about inflation are missing the point…It’s the debt (and low productivity) stupid… We are in the last days of the post-1945 economic miracle” →