National debt
In 2008 the banking system was bailed out by the uk tax payer to the tune of 120 billion....
http://static.guim.co.uk/sys-images/Guardian/Pix/pictures/2013/3/20/1363802502484/Deficits-by-chancellor-001.jpg
http://www.theguardian.com/news/datablog/2010/oct/18/deficit-debt-government-borrowing-data
The banking crash was not the fault of the poor and unemployed. It was the fault of drug fuelled predatory debt and casino Ponzi schemes which we have attempted to solve with money printing, low interest rates, MORE debt And more Ponzi schemes.
Now we face crash 2.0 from sub prime energy.
Whilst Osbourne fiddles with the DEFICIT and the definitions of inflation without using house prices, GDP including prostitution and drug selling. Our national debt in the uk is 1.46 trillion and RISING.
http://www.debtbombshell.com
http://news.bbcimg.co.uk/media/images/73121000/jpg/_73121362_e509d73f-85b0-4f92-b8a0-ea5f72528641.jpg
http://www.economicshelp.org/wp-content/uploads/blog-uploads/2012/10/government-net-borrowing-2000-15-500x370.png
http://en.m.wikipedia.org/wiki/United_Kingdom_national_debt
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