Tuesday, June 09, 2009

Quote of the Day...

... comes from Burning Our Money, on the subject of our £124 billion PFI liabilities.
Someone said to me recently that PFI debt is now pretty small potatoes compared to the gzillions of debt being run up everywhere else. But of course, as always, a hundred billion here, a hundred billion there, and pretty soon you're talking real sponduliks. Either that, or national bankruptcy.

Quite.

3 comments:

Wossat? said...

To say nothing of the trillions Miliband thinks we're going to spend combatting bogus man made global warming...

John B said...

...except that PFI financial liabilities are actually gbp30bn - only people who literally don't understand what they're talking about use the larger figure.

Anonymous said...

so it's only one third of the annual NHS budget then, phew