In the post on "The state of the economy". I wrote that it is important for govts to do as much as possible as quickly as possible. They shouldn't be too worried about doing to much because they can remove the excess later. I was looking for videos on the recent WEF Davos and came across this one. What I find reassuring is that there is some consensus among world leaders on the depth of this crisis and what needs to be done. The Thai PM talking about lessons learnt during the Asian Crisis said that govts should do things as quickly as possible because taking a measured approach they might see little results and have to go back to tax payers again and that causes confidence to be lost and the people to believe things are not working.