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cooperman
02 Jul 17 10:39
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Date Joined: 27 Apr 07
| Topic/replies: 12,899 | Blogger: cooperman's blog
Seemed to be in full bloom at the time of the Banking crisis to support those tasty bonus'. What's happened?

   
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Report zorrostrikes July 2, 2017 6:39 PM BST
Austerity, definition: to say to the public that spending has to stop, while doing the opposite and borrow 1000 billion (1000 1000 million)from overseas.

Okay Labour borrowed 400 billion in twelve years? but they had a banking crisis in 2008.
for two years they were bailing out banks. A global crisis, not a local crisis.
Then is 2010 the conservatives and liberals get in. Austerity imposed. So what are they spending a trillion on? When they said they are cutting back? They did cut back.. because the police numbers are down, fire crews slashed... where is the cashola.

a trillion.... 1000 billion.... £1,000,000,000,000.00

any suggestions? i know they still have to pay for labours splurge on schools and hospitals... but 1000 billion? is there a dimensional rift that needs sealing with cash.
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