He's got a point re. wealth in politicians. If you look at the Labour cabinet over the last 10 years, there have been some VERY wealthy people in there, along with nobility. But let's not worry about that, let's blame the evil 'rich toff' Tories
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The deficit is still growing. The deficit is going to continue to grow, even when the cuts do start to take place. And as frisbee said, if we all stopped spending and reduced our personal debt, the economy would be completely fcuked.
Fake Ben Taylor - who does everybody owe money to? In a word, China. China has bought most of the debt and then it makes most of the non-essential products that we buy, making them even richer
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But now that China's growth is showing signs of slowing, I have real fears of a massive collapse in the world economy.
Greece really needs to pull out of the Euro, as do all the other countries that had figures fudged to get in. Take the hit, let the system settle and rebuild. Iceland did just that and they are back on the right track again. No, it's not going to be at all pleasant, but it's probably better than burying your heads in the sand and pretending it's all going to be alright somehow.
Still, the sun was shining today, so that cheered me up a bit
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