East Coast Buyers Need to Exercise Caution, page-98

Rubbish. Look at what happened in other nations.

We needed it and the debt bomb is overblown. The thing is the capacity to raise taxes and repay.

Despite the bs that Thatcher had you all believing, and everyone from News Ltd will tell you, Government's don't run like the corner store. They have the capacity issue money and they're doing just that right now.