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Marek - the whole economy depends on the private sector. The only wealth created is by the private sector. The public sector just recycles money, indeed even public sector money spent in the private sector is just recyling.
The government annnounced incentives to new/expanding businesses setting up in the areas that will be worse hit. We depend on these businesses of all types. This is why as DC says the economy needs rebalancing away from the financial sector and away from the public sector.
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