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Britain after the 2015 election?

Where will Chancellor Ed Balls find £50bn? By squeezing anyone who has a decent home or has savings!

By the time the self-delusional, economically-ignorant, financially-incontinent Ed Balls becomes our next chancellor in May 2015, our national debt will have passed £1.4trn (100% of GDP). A year later, debt will be over £1.52trn (almost 110% of GDP). A general rule of thumb is that a country is bankrupt when government debt hits 120% of […]