If governments can issue negative interest rate bonds in the current market conditions and people buy them, then why is the UK government not spending shitloads? Was Krugman right all along?
>why is the UK government not spending shitloads?
Neolibs told us austerity is good when it isn't
>Was Krugman right all along?
No, Krugman is a retarded wallstreet shill.
The real problem in the UK is high housing costs and private debt. That's the real reason that no one can afford credit and why the economy is still only growing slowly (that and the masses of immigrants and the constant outsourcing to the EU)
https://www.theguardian.com/business/2016/may/10/uk-trade-deficit-hits-new-record-of-24bn-pounds-eu-referendum-brexit
But hey apparently the EU is just great which is why you should vote IN
>>73706138
>then why is the UK government not spending shitloads?
Our debt is almost 100% of GDP.
>>73706619
the problem isn't government debt
the problem is private debt caused by housing costs going up due to mass immigration and cheap credit
>>73706824
>>73706138
>Its the joos
Can guarantee it.
>>73706877
>housing costs go up because of mass immigration and cheap credit
>hmm I wonder who was behind mass immigration
>http://www.dailymail.co.uk/news/article-3466485/How-Blair-cynically-let-two-million-migrants-Explosive-biography-reveals-PM-s-conspiracy-silence-immigration-debate.html
>The most incredible revelations concern Barbara Roche, a little-known MP who was immigration minister between 1999 and 2001. During this period, she quietly adopted policies – with Mr Blair’s approval – that changed the face of the UK.
Read more: http://www.dailymail.co.uk/news/article-3466485/How-Blair-cynically-let-two-million-migrants-Explosive-biography-reveals-PM-s-conspiracy-silence-immigration-debate.htm
hmm Barbara Roche
let's look at her wiki page
https://en.wikipedia.org/wiki/Barbara_Roche
>>73707265
>Wonga.com
>Checks founder
>...Born into a jewish family
>Any other financial insitution
>Checks CEO or founder
>.... Born into jewish family
Hmm.... bloody Oliver Cromwell what was he thinking when he let the jews back in.
>>73707313
While I wouldn't pay half a mil for it, that's a fantastic business opportunity. Get a couple lifts in there and you've got a body shop in the middle the capital. You'd make a killing
