Come one come all to the big credit spending party!
The Patty has been so huge that the refuge is estimated at $4.1 trillion dollars .
Well now it's time, as after all parties, to clean up the mess. Throw out the garbage, pour toxic assets down the drains and replace some furniture (institutions) that got broke during the long night. As with most parties it takes time for the head to clear and the stomach to settle before you can pluck up the energy to sort the place out. It's only after a few bitter pills and some liquid stimulus that you realise the people who made the most mess, ate the most cake and drank the most beer, had long shuffled off home to retire for the night (or life) or maybe to cleaner climates.
Now only a future of careful spending and higher taxes can cure the hangover and restore us to normal life.
Hang on a minute!!!!
I wasn't at no party. I was at uni!
I had to scrape by on minimum wage, work full time, pay extortionate rent rates, get used and abused by the property owning classes. Who took out massive mortgages in order to 'buy to let' and make a profit off some of the poorest sections of society, which only fueled (started?) the party and added to the headache.
Now I have graduated and started to pay back a thundering student debt I find that I also have to pay to clean up a massive celebrity party with champagne, caviar, and cocktails? A party that I never even got invited too!!!
I am not too sure our generation will be quite helpful at the ballot box.
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