Those are higher energy prices, higher land prices, climbing population, static personal incomes,
declining public treasuries, and lack of competitiveness in core industries.
Not exact matches
But lurking quietly in the small print there will also be some hard facts about Britain's economic
decline, about the failure of our current finance - and
public sector - led approach to jobs, about the politically inspired fantasy forecasting from the
Treasury in its pre-budget report just six months ago.
Before proceeding further, we should note that, since the financial crisis exploded into
public consciousness, in September, with the exception of
Treasury bonds and other debt explicitly guaranteed by the
Treasury such as GNMAs, all sectors of the fixed - income markets have experienced gut - wrenching
declines.