The British economy is dead

Quite frankly, it’s very hard to see how Britain can get itself out of the current pickle without causing itself and its citizens a massive amount of pain.

With the billions of pounds of debt and the billions of pounds spent each year on unaffordable and bankruptcy-inducing social programmes (such as the National Health Service) there is absolutely no way it can get itself out of the mire without doing something drastic.

It can’t merely hoped for an economic recovery. After all, where is the economic growth going to come from?

http://renegadeeconomist.com/news/money-morning-britain-death-economy.html

Inflation will finish it off in the end:

http://renegadeeconomist.com/headline/renegade-economist-talkshow-2nd-october.html

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