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Why ,How and by Whom did the British government become bankrupt ?

What sort of people supposedly elected to manage this nation Britain could be so stupid as to allow the present state of affairs to develop ? Also from what bank is owed the great debt? Can I express my opinion ,they could not run a booze up in a brewery, what is your view?.

Asked By: billyboy - 5/5/2010
Best Answer - Chosen by Asker
I'm gonna keep this as simple as possible... it is a sworded tale of greed and "Something like fraud, but not quite fraud " (Your honour)... and the unerring desire for "Something for nothing... More
Answered By: boreddossedstuck - 5/5/2010
Additional Answers (2)
Gordon Brown happened to the economy with his great idea to strangle the economy with stealth taxes and regulation.
Answered By: Lorne - 5/5/2010
 
It started by Harold Wilson's poor fiscal management. He was followed by Heath who gave away our fish to curry favour with the EU. Wilson was re-elected but was already showing signs of the dementia which eventually killed him. He was succeeded by Callaghan who did not have dementia for an excuse but was never-the-less... More
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Answered By: Malin View - 5/6/2010
 
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