George Osborne’s autumn statement offers little cheer for Brits
Chancellor George Osborne made his autumn speech earlier this week, desperately willing the country to believe that things are going to get better.
Whilst the new labour government might have had this outlook in 1997, the coalition is singing a very different tune.
Osborne is enduring a tough time at the moment with the failing economy, mass public unrest and the euro crisis occupying his thoughts.
If the Euro-zone collapses, or even forms a breakaway group, this could have disastrous global consequences.
The Bank of England has warned that the current economic climate is ‘extraordinarily serious.’
Sir Mervyn King, Governor of the BOE said; There are many ways in which the future could play out. Maybe it [the euro-zone] wont break up, maybe it will continue in various forms, but maybe there will still be questions of default.
Whilst households prepare for Christmas throughout the UK, the houses of parliament are preparing for economic meltdown. If
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