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The boom was just living on debt
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Originally posted by DimPrawn View Post
I'd say that, apart from the crash (which no other party could have handled so well) the Telegraph data shows a job consistently well done since 1997.Step outside posh boy -
Originally posted by Tarquin Farquhar View PostThe graphs shown in your link don't show that at all. They show clearly a sound and expanding economy, up until the global crash hit in 2008.
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Originally posted by DimPrawn View PostThat's like saying your debt fuelled lifestyle was just a sound expanding income right up until the credit companies called in the bailiffs.Step outside posh boyComment
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The Net Debt is particularly telling - it seems the UK accounts followed the housing boom piling more and more debt on.
It looks like GB abandoned his golden rule about 2002...
Fact of the matter is the GB is a habitual liar, a thief and an idiot all rolled into one."See, you think I give a tulip. Wrong. In fact, while you talk, I'm thinking; How can I give less of a tulip? That's why I look interested."Comment
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Originally posted by Tarquin Farquhar View PostI'd say that, apart from the crash (which no other party could have handled so well)
Originally posted by Tarquin Farquhar View Postthe Telegraph data shows a job consistently well done since 1997.
“The period of the disintegration of the European Union has begun. And the first vessel to have departed is Britain”Comment
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