Dover.uk.com
If this post contains material that is offensive, inappropriate, illegal, or is a personal attack towards yourself, please report it using the form at the end of this page.

All reported posts will be reviewed by a moderator.
  • The post you are reporting:
     
    Bankers don't create national debt, it is government spending.

    It is simple, if you spend 25% more than your income then that is debt.

    At present we are only keeping pace with the interest repayments [even the present & purposed cuts] , not even repaying debt.

    That's what the last government did. Brown, Balls, Miliband at the Treasury & Cabinet.

    Yes ,the bankers lent money to people they should not have [government policy] & purchased other people's debt [US] but that dwarfs the debt the last government has left behind.

    Forget the banks we would have had this day of reckoning anyway. The banks become a smokescreen because of their stupidity & greed.

    Don't be fooled by Ed. Ball's presentation. He sounds lucid but is really conning us.

    At least Alistair Darling told it as it was.


    Watty

Report Post

 
end link