| Topic: | Re:Re:Re:Re:Re:Re:Re:Re:Re:When did the Country live within its means? | |
| Posted by: | Joe Conneely | |
| Date/Time: | 16/08/15 13:29:00 |
| To add to Will's points about the real growth in the levels of debt, the other current aspect is the costs of funding the UK national debt is presently at all time lows (reflecting global low interest rates and UK's global credit rating). Rates will inevitably rise (despite Carney and his US opposite number acting as though they control) and that is when the UK recovery plan and current high sterling foreign exchange rates will potentially start to go "off the rails"? |