Debt Tsunami, Heavy Taxation and Big Government Barreling Towards U.K. Economy. (maneco64)

Rather than the financial system facilitating economic activity the sector has become a self serving entity - which is why QE, to prop up the massive debt pyramid, continues. Taxes are going up in the UK to cover the out of control Government spending and debt. How long can this go on with a weak underlying economy?

[Posted at the SpookyWeather2 blog, October 11, 2024.]