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Tuesday, January 25, 2011

The current state of the nation ........................

So we have had a bubble economy for the last how many years. House price rises built on nothing. Mortgage holders using their houses as banks spending unearned money on holidays and everything else.
The banks have stopped lending to business, a lot of business are drawing in resources to consolidate rather than expand, a lot of building firms are just existing keeping their infrastructure in place.

Shock horror today our economy shrunk by half a percent.(in the real world shrinkage it's a lot more)

Up pops the arse who was architect to all this bubble spending Ed Balls. Saying the government are doing things wrong. Ed Balls should be in jail as well as Gordon Brown for destroying our economy.

The national newspapers are no different. The Guardian that lost £40 million last year claims shock horror at the state of the nation.( Here)

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