Well it looks like trident replacement wont be happening after all.
To expensive now according to Crispen Blunt
http://www.standard.co.uk/news/uk/eu-referendum-defence-spending-cu...
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With luck they can toss HS2 onto the flames as well...
But Gilts (UK government 10 year bonds) are yielding less than 1% for the first time ever? We were never going to pay for this with taxes or savings... I smell a rat. There are a lot about at the moment.
But haven't the German ones been doing the same since last week?
People have been paying the German government for the privilege of loaning them money for a while now. The Bund (equivalent in Germany) dipped below ZERO last week, not ONE.
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