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.
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To say nothing of the trillions Miliband thinks we're going to spend combatting bogus man made global warming...
...except that PFI financial liabilities are actually gbp30bn - only people who literally don't understand what they're talking about use the larger figure.
so it's only one third of the annual NHS budget then, phew
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