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  • National debt as a % of GDP more than doubled between 1997 and 2010? Fiscal balance went from a net surplus post Major to almost 10% of GDP? Invented BTL?

    Gordon Brown didn't create the US subprime crisis but he was a cheerleader for leveraged casino banking throughout his time in government. In a sense, the banking boom was New Labour's version of the North Sea boom that propped up Thatcher.

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