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Previously on "comrade Brown bankrupting Britains"
Ever heard of the Border reivers? They were a bunch of freelance socialist cattle herders who quietly and politely asked the inhabitants of Northumberland to lend them some livestock indefinitely. Or get chopped to pieces if they didn't agree.
The name was given to a loose bunch of cattle rustlers living on both sides of the border, not particularly recognising the border which after all they predated, who redistributed cattle around each other regularly.
But why not just categorise them as Scots stealing from the English?
As in, failing to be conquered? Don't remember Scotland invading England much.
Ever heard of the Border reivers? They were a bunch of freelance socialist cattle herders who quietly and politely asked the inhabitants of Northumberland to lend them some livestock indefinitely. Or get chopped to pieces if they didn't agree.
Have you been reading "How to run a Labour government in 5 easy steps"?
Blair did it in 3 steps:
1. Drive the country as if in a demolition derby.
2. Just before the wheels come off, hand over to a Scottish numpty who'd kill for the chance to sit behind the wheel, no matter what.
3. Try for president of Europe, after a few years of flogging the book-n-lecture circuits.
1. The government is in shedloads of debt.
2. The government wants to borrow a shedload more in order to get out of debt.
3. Potential lenders think this is daft.
4. The government has to raise yields to attract lenders.
5. The government debts increase because of the higher interest.
If I've got it right, it's a sort of debt spiral, isn't it.
What happens with all these extra debts when we are still running a big deficit?
Have you been reading "How to run a Labour government in 5 easy steps"?
1. The government is in shedloads of debt.
2. The government wants to borrow a shedload more in order to get out of debt.
3. Potential lenders think this is daft.
4. The government has to raise yields to attract lenders.
5. The government debts increase because of the higher interest.
If I've got it right, it's a sort of debt spiral, isn't it.
What happens with all these extra debts when we are still running a big deficit?
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