Afternoon,
I am really am wondering how it is that our beloved Chairman Brown could not see the Recession coming.
We have been in recession for probably the last six months unofficially and yet the Prime Minister has only now admitted that he could not fathom that Britain was heading for the proverbial shitter.
We have had economists the world over telling us for months that it was inevitable that Britain, having such a heavy reliance on financial services would get uniquely hit hard in this global recession because of the above, unlike so many other industrialised nations, who have several strong industrys to rely upon, very much in the same way we could, several decades ago.
Also, back then, private finance was something that could be rely upon to help the government bankroll academies and business in general. Yet it is now the very same people that we relied on to help us, that are having to come cap in hand to the taxpayers because their business model fucked up.
And that means U.K plc risks that one thing that is already happening to many people.
Bankrupcy.
Have A Nice Day.
Rob :(
Posted with LifeCast
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