The Dangers of Debt Crisis

After the financial crisis, prices and incomes fall faster than debt levels. We managed to avoid it just by the scale of government spending back in the 2000s. Now we're stuck with a high level of private debt that's one of the many curses we've got courtesy of letting near a classical accomplishment. I think it's going to be a stagnant economy with inflation now because of the cost of energy. Immigration. Good or bad? Oh dear Okay. People have already formed their view on that but we'll look at it next week.