We're going to need a bigger box!
November 25, 2008 3 Comments
Gulp….
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Tory Radio 
Public sector debt now here is the real irony . We run a significant trade deficit with China and our oil rich friends in the middle East. They of course run up huge surpluses and then proceed to lend us back the money that we have given them so that Alastair and Gordon can defer economic reality via a huge pubic sector deficit. The reward to China is to receive even more money from us in the form of interest payments. If they decide to stop lending then the £ collapses and we call in the IMF. Then we really will need a big box. One to carry away the remnants of the labour party!Â