#216 - Ross Clark - Britain is Bust & The Coming Sovereign Debt Crisis

The UK has accumulated £3.4 trillion in debt, and the interest payments alone now dwarf the national defence budget. Author and journalist Ross Clark argues that the nation is sleepwalking into a sovereign debt crisis that politicians refuse to acknowledge.

We discuss the brutal arithmetic of the public purse, detailing why standard political talking points - like taxing billionaires-are mathematical illusions that fail to address the core rot of uncontrolled state spending and collapsing public sector productivity.

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TIMESTAMPS:

00:00:00 - Print The Money, Get Hyperinflation

00:01:17 - Is Britain Bust Or Trading Insolvent?

00:02:57 - Whose Fault Is This?

00:07:24 - Taxing The Billionaires Buys Six Months

00:09:12 - How Bad Is The Debt Really?

00:12:07 - Perma-Stimulus

00:14:22 - No Party Has A Viable Plan

00:17:32 - What The Public Actually Thinks About Tax