IMF article IV reports from the treasury website.
Clear warnings about 1. House Prices, 2. Stock Market, 3. Private Debt. 4 Regulation
All mentioned many years before the crash highlighting the problems which were not met adequetly.
In regards to debt compared to GDP, I would be interested to review this against inflation and the value of the pound against the currencies financing the loan. Remember that the value affects how easy or hard the loan is to pay off. Also the fall in value of the pound will be a difficult thing to fix due to the loss of gold reserves sold at rock bottom prices many years ago by Brown.
We are likely to find that although growth is earlier than a decade now the value of our debts are growing also. It will take longer to pay off and should be a more frugal time then we think even in growth. Spending is something which Labour also likes to do and seems set to continue with savings put off year by year and steath taxes preventing the ordinary person with a small business which would otherwise be fincable and capable of providing disposable income to regional areas promoting growth is being swallowed by the taxation system.
I have only just come back to this page so will review the numbers and compare them from other sources when I can get a chance.
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