Keynesian economics was the economic ClimateGate of the 20th century.
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Britain’s Inflationary Debt Spiral as Bank of England Keeps Expanding Quantitative Easing
http://www.marketoracle.co.uk/Article15521.html
UK faces decades of debt
Britain faces decades of rising public sector debt, increasing taxes and, potentially, falling living standards unless it tackles the growing costs of its pensions and health bill, the Treasury will warn this week.
Bailing out the banks cost £5,500 per family
At some point, all the worlds powers will need to declare all national debts forgiven and restart.