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U.K. Budget Deficit Balloons to Widest Since 1946
Going into a recession that will get a lot worse with record deficits, is a bad sign. We have discussed before how societies will tolerate things in good times that they won't in bad times. I.e. more social disorder as people get poorer, welfare is cut, etc.
Posted by: phil_b 2008-07-18
http://www.rantburg.com/poparticle.php?ID=244547