What the Fuck's Going On?

The UK has an 8% of GDP current account deficit, which means that they are living way above their means. They are borrowing just to stand still. If you are a country that is growing incredibly quickly, right? 6, 7, 8%, having a current account deficit is completely normal. So therefore, if I see an emerging country with a 6% or 7% deficit, but growing at 6-7%. It's a good business model. And we're going to talk to Robert Shrimmsley of the Financial Times about this issue.