David Cameron On Spending Cuts: "The Only Way Out Of A Debt Crisis Is To DEAL With Your Debts"

BBC Video - UK Prime Minister David Cameron - Oct. 15, 2011

Keynesians calling for more government borrowing and spending should pay attention to this short speech from Cameron.

Comments

[TERRY]

how can you build sound foundations when at the heart of our economy you prop up an entirely failed and disfunctional ponzi banking system.. good try David but we can all see your puppet strings..nothing changes till your too big too fail buddies are allowed to fail.. until you do that you are clearly working for your 1% puppet masters... Introduce your banking buddies to the concept that failed businesses fail that is all you need to do to start fixing the system.... WE ARE WAITING!!

[mikael]

A simple slogan is and it is infact The Problem.

Sosialicing corporate Looses and privatizing corporat profits. (aka: Bailout that goes to the share/bond holders.)

That is not even remotly close to Capitalism.

Its plain robbery.

[Bruno Ernst]

The peaking schoolboy is briefing his classmates how it is. You have to deal with your debts. But does he really mean dealing. And does he mean you.

Along his lubricant words dealing means you have to pay what your credit card is telling you. No much to deal here. Your engagement in the case is not voluntarily. Your personality is getting only significant if you should be tried not to pay.

Real satire to an embarrassing intellectual level below a catching title. If you really could deal with your debts on your real base of options you could avoid to get evicted and had not to play the joker dude for all sort of financial failures.