Our national debt is now twice as much as the Chancellor's 'sustainable' figure, according to the pretty reliable Institute for Fiscal Studies. I can't find the actual press release on their website yet, so we'll have to go with The Guardian's summary. I'm not even sure if this includes a provision of £20 billion-odd for potential losses on Northern Rock etc.
Hat-tip.
Friday 15 February 2008
The Brown Bubble (2)
My latest blogpost: The Brown Bubble (2)Tweet this! Posted by Mark Wadsworth at 16:52
Labels: Brown Bubble, Credit bubble, Goblin King, liars, Waste
Subscribe to:
Post Comments (Atom)
0 comments:
Post a Comment