I see hes selling a book. What a load of dribble his first point we are not a manufacturing nation is incorrect it is our largest industry. Nothing like rich people telling us all how it really is. Sometimes I think they get a kick out of peoples misery below them. How exiting it will be watching the plebs fight over the scraps!
There is a way of avoiding Das's dystopian picture of the future. It's controversial but, I think, inevitable. Helicopter money. Sooner or later an economy caught in the grip of deflation will try it. Hopefully sooner.