George Kerevan: Coyote-like economy takes its plunge off a cliff at last

IN THE old Road Runner cartoons, Coyote was always being tricked into running over the edge of a precipice.

For a few moments, Coyote would be suspended in mid air with his feet still running. Then, as understanding dawned, he would plummet down. Of course, being a cartoon character, poor old Coyote somehow always survived. Let's keep our fingers crossed ...