Trouble ahead and behind us, although it maybe the pending collapse of Dubai is just a symptom of what has gone previously. Still at least they know how to handle this sort of situation in paradise, go on holiday. Our lot would have spent the weekend cooking up short term fixes.
There is an interesting prisoner's dilemma building between the Labour goverment and Tory opposition. Neither wants to admit about the need to slash the public sector to even have a hope of making the repayments needed for the bank bailout.
Time for an independent body to scrutinize the pledges they make and see if they are credible.
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