Saturday, June 13, 2009

Paying back the debts.

So when does the pain begin? After the General Election? The Government has run up huge debts allegedly tackling the recession. The war cry being to avoid another general depression. So to have many other countries. Now they can claim that they did not do nothing, but when does the pain of paying back the debts start. Will the impact be any less than a full depression. Currently it feels like one of those moments when you know the car is going to crash, slamming on the breaks helps but does not stop the impending impact. I personally can not see much sunshine until our debts are paid. Okay the economy may start to recover, but as soon as they decide things are improving enough to start paying back, then the recovery will weaken.

0 Comments:

Post a Comment

Subscribe to Post Comments [Atom]

<< Home