Chancellor George Osborne says that he will not u-turn on the UK economy like Labour want, and he also says that he will not change interest rates upwards, because it helps borrowers.
The problem is, with the rape of savers cash and pension funds to prop up feckless borrowers (including government) via abnormal low interest rates and high inflation rates, the savers that would keep the UK economy going in a downturn / recession, are REFUSING to spend their money – except on assets the crooked government, bankers or taxman cannot touch. So the UK economy continues to collapse, and it will continue to do so until interest rates rise.
The collapse of the UK economy has been engineered by the G20 politicians, and their crooked banker friends. Notice how NONE of these criminals have been charged with sabotaging their respective economies. It’s because they are in on the scam to steal from you.
Recorded from Sky News, 09 September 2011.
Duration : 0:11:26