Eastreadingcommunity

So the UK's 10-year gilt yield - the cost of government borrowing - is now up at 2008 levels. An 18-year high The difference is that, back then, UK national debt was 48pc of GDP, and now it's the best part of 100pc. So the debt service costs are much MUCH heavier. Of the £14.3bn the UK government borrowed in February alone, no less than £13bn of that was spent on interest on existing debts - a situation which is not only unsustainable, but very close to provoking a disastrous financial collapse. Yet still, our national discourse is all about more spending, more borrowing, more "state intervention". When is the Labour party – and much of the listless, unthinking rump of the UK's political and media class – going to start acknowledging reality? WHEN ....?

Most people don’t realise where the £180 million actually went at the A303 Stonehenge tunnel project. It wasn’t construction. It was years of: • Environmental impact assessments • Heritage & archaeological studies • Legal challenges and consultations • Design, engineering and traffic modelling • Public inquiries and revisions All before a single shovel hit the ground. This is the real problem in Britain: We don’t just waste money, we build systems that guarantee it. £180 million to build nothing.

Brilliant move, Saudi Arabia,let the US and Israel bomb Iran through your airspace, then act surprised when Iran returns the favor by smashing your gas fields. Congratulations, you just learned the hard way that karma loves a generous host..... 😂😂😂😂