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eric pebble

Revenge Of The Debtors

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"Yes, the drink-now-pay-later binge that has been central to New Labour's eight years in office is rapidly drawing to a close and - horror of horrors - the bill is looking far more expensive than most party-goers had expected. "

http://www.telegraph.co.uk/money/main.jhtm.../11/ixcoms.html

This says it all!!

Edited by eric pebble

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Guest Charlie The Tramp
As the Government does urgent repairs on its clapped-out spin machine, the great British public is beginning to recognise that it's not exotic parrots with avian flu that we should be worrying about but the economy's chickens coming home to roost.

I read that expression somewhere last year, can`t remember now where I saw it, definitely not in the media. ;)

This article is a must read.

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I liked this bit as well:

Well, if Brown really is short of cash, at least it will keep him in tune with a growing slice of the electorate which finds itself jammed up against a ceiling of credit-card limits.

Is that the limit of the fractional reserve planning? (thanks for the education Marco).

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Guest Charlie The Tramp

"5 years of income have been spent in 4 years,

and now we will need to spend 4 years of income in 5 years" to get back to a prudent balance

OR something along those lines

Or is it a more realistic figure of>

"5 years of income have been spent in 3 years,

and now we will need to spend 3 years of income in 5 years" to get back to a prudent balance. ;)

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  • 301 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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