Monday, 6 August 2012

Gilts keep haven appeal despite UK debt

It's a shame the government didn't take advantage of the historical opportunity of a relative bright spot in the dull environment, to stimulate the economy through investments into infrastructure and housing.  These chances are less likely than winning the lottery.

A complete waste unfortunately.  Dave and George played this one so poorly.  They preserved the wealth of so few while deteriorating the current standards of living and future prospects of so many...

The result is a gaping deficit, low quality employment, high unemployment, extremely high household debt, a ballooned real estate market and old housing stock, furious savers, puzzled healthcare system, confused arm forces, and a profitable but rotten financial services sector.

And above all, absolutely no idea how to make Britain tick.

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