The post you are reporting:
In fact no, Ross!
The economy, in particular the sectors you mention, is based on sovereign debt - 1 trillion - and more still on private debt, which, 2 years ago in the UK, was 3 trillion pounds. However, that too has gone up.
Ours is a debt-based economy, both national and private. And adding to that, T. Blair sold off all our gold reserves too, and he did that when gold was worth only $400 an ounce.
Now it's close to £2,000 an ounce.