We cant be sure ......
I am guessing we can always loosen austerity measures to try to promote growth if deemed necessary but we couldn't simply continue to keep spending and printing money in the hope that you and I might eventually go and buy a HD television
Guys, you can bat around any of your political persuasions until the cows come home.
Quite frankly the rich Western Countries havent got any money, there is an inevitable sucking in of poorer countries peoples to get their 'free money' from us or find work in a diminishing employment market...