Sunday, Apr 11, 2010
Harsh reality, what we have all known for a while.
Telegraph.co.uk: IEA warns that both Labour and Tories underestimate spending cuts
Interesting 'stating the obvious' article. I don't know if anyone has seen this but it highlights what is needed relatively well. However, a more accurate title would probably be 'What will actually happen after the election'.
This is my first post so apologies if it's already been highlighted, I had a good look.
Posted by the bull trap @ 10:35 PM (532 views) Add Comment
1 Comment
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1. quiet guy said...
Welcome to the blog, Bull Trap.
As you say, the article states the obvious but whether or not we will actually do anything about it after the election looks doubtful to me right now. We don't have any politicians bold enough to say it the way it is and I don't think that the typical voter is psychologically prepared a drop in living standards. You just have to prepare as best you can for the next phase of the crash...
Nadeem Walayat's recent article might be worth a read for anybody interested in this article:
http://www.marketoracle.co.uk/Article18562.html (NHS Bankrupts Britain)