Share your insights or perspective on the financial matter presented in the input.

“Top down” and “bottom-up approach” 
Top down approach needed when bottom-up approach of markets leads to   periods of high unemployment Imagine a chart that starts with one point at the top and breaks it down into the details by the time you get to the bottom. People can read this chart either from the top and go down or from the bottom and go up. Wikipedia does have articles on Top-down and bottom-up design if you want more detail than I give here. Top down refers to the idea of starting at a high level and then working down to get into the details. For example, in planning a vacation, one could start with what continent to go, then which country, then which cities in that country and so forth. Thus, the idea here would be to start with macroeconomic trends and then create a strategy to fix this as the other way is what created the problem. The idea of taking a subject or system and breaking it down into individual pieces would be another way to state this. Bottom up refers to the idea of starting with the details and then build up to get a general idea. To use the vacation example again, this is starting with the cities and then building up to build the overall itinerary. Within political circles you may here of "grassroots" efforts where citizens will form groups to gain influence. This would be an example of bottom up since it is starting with the people. The idea of taking individual components and putting them together to build up something would be another way to state this. The statement is saying that a completely different style of approach will be necessary than the one that created the problem here.