Quote:
Originally Posted by Sephiroth
Only in part. He got skewered by Kuenssberg when he avoided directly answering what help the Guvmin to could provide to people who faced losing their homes. She pointed out that the Guvmin did furlough and energy bills relief so what would they do for this crisis? Best that Gove could offer was their plan to get inflation down.
It seems that the increased interest rate also affects Guvmin repayments on its borrowing such that there is no money. We're broke.
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They’ll act once it looks like house prices will collapse. That’s when the whole Ponzi scheme goes so the kitchen sink will go into saving it.
Capitalism is a good idea until you run out of future generations money.