Monday 22 June 2009

It's time to get radical to tackle our debt crisis

Daily Mail
"The huge difference between what is raised in tax and what governments spend is in the meantime being met by offloading onto the market shedloads of debt.We did the same after the Second World War, but then our allies were in surplus and only too willing to lend. Today the whole of the G8 group is trying to hoover up loans from all and sundry.Here is the crunch. Will the Government be more successful than other governments in cornering the money all the major nations will need to borrow? If not, it is curtains for the Government and our economy will be in peril. The signs are not good."

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