The amount of debt that Britain is in should be cause of great concern for all according to the head of the international Monetary Fund.
Although the spate of lending from the government is considered to be the best option out of a poor choice, the organisation reiterate that the current financial plight can not be underestimated.
An industry expert stated, "I'm specially concerned by the fact that our forecast, already very dark... will be even darker if not enough fiscal stimulus is implemented."
They continued, ‘‘the measures announced by the G20 countries last month may not be sufficient to revive the global economy. It would take a spending stimulus equivalent to about 2 per cent of global Gross Domestic Product, or about 1.2 trillion, to make a real difference. The problem is that all the whole society is going to suffer.
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