Re: WTF?
"Prudence" Brown was quite happily borrowing £1100 per man, woman, and child in the UK per annum *before* the sub-prime bubble exploded as well as selling off government property and gold at rock-bottom prices. His ability to spend far in excess of tax receipts has nothing to do with sub-prime nor the credit crunch, the crunch just exposed it as the unsustainable "economics" that it was ...