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Old 22-06-2020, 21:09   #4168
pip08456
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Re: Coronavirus

Quote:
Originally Posted by jfman View Post
Considering we didn’t fully pay off the debt to free slaves until 2015 it’s important to remember Government borrowing in context. We are already £2 trillion in debt, and nobody regrets the glory days of cheap council houses and selling off nationalised industry on the cheap. Nor is there any clamour to reform the tax system in order to repay that debt. The Government will always be in debt.

You are under the false belief that we won’t have a recession either way, with a long and protracted one costing far more in the long run and that a normal economy is an option on the table. That’s absolutely fanciful, or to use your terminology “complete bollocks”.

Under one scenario the Government has control, can protect the “normal” economy and under the other it does not.
Do you have a link for that?

It's OK I've found it.
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