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Democracy in action - The young uns must be wondering
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November 25, 2025, 07:57:03 am
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Topic: Democracy in action - The young uns must be wondering (Read 6322 times)
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not on facebook
Forum Member
Posts: 2741
Re: Democracy in action - The young uns must be wondering
«
Reply #60 on
June 26, 2017, 07:33:46 pm
by
not on facebook
»
I was more thinking about when last time Labour was in and Torys took over and by all accounts if you belive what you read ,that there was a note in top draw of No10 bascially saying "no money left"
But you get my jist as Labour had spunked all the country's money up the wall .
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Re: Democracy in action - The young uns must be wondering
«
Reply #60 on:
June 26, 2017, 07:33:46 pm »
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RedJ
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Posts: 18491
Re: Democracy in action - The young uns must be wondering
«
Reply #61 on
June 26, 2017, 08:19:57 pm
by
RedJ
»
And if they hadn't, the banking sector would likely have gone under.
Even then, the Tories massively oversimplified macroeconomics by trying to compare a nation's budget to a household budget. Even with only GCSE-level economics under my belt, I can tell you that's f**king daft.
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BobG
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Posts: 11335
Re: Democracy in action - The young uns must be wondering
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Reply #62 on
June 26, 2017, 10:06:18 pm
by
BobG
»
Britain was an hour away from the banking system shutting down. Closed. Gone. Kaput. Just think about what that means for a few seconds.... No cash. No cheques. No credit cards. No pay. No bills paid. No social security. No food. No petrol. No imports. no exports. It would have shattered society. Yes. It would have been fixed in the end. But how many would have died? How many would have no job to go to? How many schools would have shut? How many surgeries? How many.....
Personally, I reckon a measly few billion was a small price to pay to avoid all that. And I reckon the man who saved the entire world banking system by making a courageous decision should be applauded and so should his party. Well done Gordon Brown. Well done the Labour Party.
That's why there was no money left Oslo. And you know what? I'm glad there wasn't. It was spent in the best cause of all: helping society - that thing the Tories continue to seek to destroy.
Cheers
BobG
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