Watching many British consumers en route to a debt crisis has been like observing drivers of cars with faulty brakes, heading confidently towards the edge of a cliff. When alerted to looming disaster, these debtors and motorists kept giving the same reply: "Relax, everything's in control." Then, whooosh!
Click to read Telegraph article
Saturday, 7 July 2007
Blair's legacy is a nation engulfed by debt
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