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The public spending boom will be drawing to a close.
We have had the biggest capital spending boom in history.
We haven't seen the capital spending boom the Trumpublicans predicted, either.
Despite the consumer spending boom, in comparison with the average American, the average Thai is poor.
Who will be prosecuted if the next chancellor increases VAT to damp down a spending boom?
Thailand's consumer spending boom is in its third year and shows little sign of slackening.
Similar(11)
Worse, it leads to the traditional public spending boom-and-bust cycle, since blanket cuts are inevitably followed by huge increases in spending.
But China is hardly enjoying a consumer-spending boom.
The rise in housing wealth has helped sustain the longest consumer-spending boom since the war.
Lending, therefore, has played a crucial, role in Thailand's consumer-spending boom.
To make matters worse, ending the public-spending boom will not get Mr Brown off the tax hook.
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