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The Truth is out, but no one wants to hear it

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  • The Truth is out, but no one wants to hear it

    http://blogs.telegraph.co.uk/news/da...s-not-growing/

    Mike

  • #2
    Re: The Truth is out, but no one wants to hear it

    From the linked article:

    "...Our debt level is, indeed, the single biggest reason why we are lagging behind our competitors..."

    Well, I'm glad we got that straightened out. All this time I was under the misconception that Britain's economy was suffering from an overdependence on the now-shrinking FIRE sector centred in the City...and the affiliated "property ladder" insanity.

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    • #3
      Re: The Truth is out, but no one wants to hear it

      Originally posted by GRG55 View Post
      From the linked article:

      "...Our debt level is, indeed, the single biggest reason why we are lagging behind our competitors..."

      Well, I'm glad we got that straightened out. All this time I was under the misconception that Britain's economy was suffering from an overdependence on the now-shrinking FIRE sector centred in the City...and the affiliated "property ladder" insanity.
      Yeah, but somehow propaganda from blighty still feels smarter. It's probably the accent. Hell, if I were to believe the BBC, I'd guess Kasparov was going to get 70% of the vote in the next Russian election ;)

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