So there we go. We spend a shitload of cash. Now to hear some people speak, we can ignore the lines ‘debt interest’ and ‘shortfall’ and carry on spending until some unspecified point in the future when we’ll be able to afford it.
Now I’m no economist but I call bullshit on that notion. If you don’t pay off the shortfall as quickly as possible, then the debt interest is going to keep going up. And before you know it, you’re on the phone to Ocean Finance, begging for them to leave the TV while your wife sobs in the background (update: Burning Our Money has covered exactly that subject today)
Anyway. We owe loads. Penny in the hat?
(btw: if you fancy embedding it in your own site, knocking yourself out:
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