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  So the business /human cycle is what we know as boom and bust. Build up an imaginary confidence and people borrow(increasinly to excess). This is so called 'Growth'. Surely an expanding economy should be incidental not paramount-eliminate the governmental obsession with growth and short termism - and we have 'Steady'. Philip do I detect a little bit of financial doomsday prepping-are you saying that the 3 main parties are going to take us back to a bucolic Britain?
  
  Moreover if you are saying that we are on a merry-go-round of long and short term cycles and this is all human nature-what's the point? If all this is inevitable it might as well be every man and his wallet for himself...grab what you can while you can...and to hell with the consequences.

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