The UK is stuck in a political, economical and social cul de sac is there a way out?
The David McWilliams Podcast
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Is There a Bigger Budget Deficit?
London used to be highly productive. But now that has completely changed. And that means the UK is stagnating. That then explains why they're having budget deficits. They're also having bond market problems and currency problems. So all of these things are happening at the same time. It's very evident to me that they're stuck there in a cul-de-sac.
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