January 23, 2009
IMF bail out on the cards
Story link: IMF bail out on the cards
Money will eventually run out, especially at the current rate that the government are investing in new initiatives, which so far, have proved to be fruitless.
The government needs to produce some strategies that will generate cash within the economy rather than ploughing cash into no hope projects.
http://www.telegraph.co.uk/news/newstopics/politics/conservative/4319385/Britain-may-need-IMF-bail-out-warns-David-Cameron.html
The Tory leader said that “the money will run out” very soon if Gordon Brown is allowed to continue with his financial recovery plan.
“Then you will see the return of what happened under Labour in the 1970s, including emergency cuts to many of the public services on which a progressive society depends,” he said in a lecture to think tank Demos.
