We have to borrow a shitload of money each year to pay nurses, teachers, binmen. If the people lending us that money think we're a bad bet, the money taps are turned off overnight and we're utterly, utterly fucked. Hyperinflation, food rationing, that kind of shit. And believe me, the investors have got their fingers on the trigger right now.
People don't realise that the world economy is on a knife-edge (see today's business news about co-ordinated central bank action). This isn't about politics, or fairness - it's about preventing a collapse of epic proportions.
How much does one of the jets currently flying CAS over Afghanistan cost per hour? Or how much do the rich pricks who keep all their cash off-shore cost in lost tax revenue.
The world economy is "on a knife-edge" because governments are spending money on the wrong things and staying in power by taking cash off people for favours most of us would not be happy with.
How much does one of the jets currently flying CAS over Afghanistan cost per hour? Or how much do the rich pricks who keep all their cash off-shore cost in lost tax revenue.
The world economy is "on a knife-edge" because governments are spending money on the wrong things and staying in power by taking cash off people for favours most of us would not be happy with.