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reddog

Uk Deficit Reduction Missing Target (Again!)

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I don't think this has been posted elsewhere:

http://www.telegraph.co.uk/finance/economics/10982357/George-Osbornes-deficit-reduction-plan-under-pressure-as-borrowing-rises.html

looks like public borrowing climbed 7.3pc in the first quarter, and the slow down in the growth of debt isn't happening as fast as planned (forget about actually reducing any debt!!)

Will there ever come a point where "canny investors" realise that debt is just growing and growing without even a thought of a repayment plan.

Do investors just not care?

or are they just so wrapped up in recycling debt they don't realise what is going on?

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