Canadian simply with assets are
borrowing vast sums of cash to be used on consumption.
The big banks, having caused the crisis in the first place and led governments to
borrow vast sums to come to their aid, have successfully redefined the resulting fiscal deficits as entailing cuts to public spending and social protection.
He praised NHS architect Nye Bevan demanded the government
borrow vast sums of money to rebuild the country as it did after the Second World War.