Weirdmusic

You’re sorta right. The economies of sovereign nations are not particularly similar to small households, however continuously incurring debt without raising significant revenue will kneecap a country’s economy (eg the UK). Rather than focusing exclusively on debt the IMF should be strongly encouraging countries like the UK to drive up revenue by all means. The most obvious way of doing this is by raising taxes. The IMF is, however, in the thrall of big money which is fundamentally opposed to tax’s.

I can’t help but think your comment has won some sort of prize. Perhaps the coveted “golden kebab”.

I want to call him a useful idiot but I’m afraid that will defame all idiots.