HERE is my festive advice to anybody who wants to understand how the credit crunch will affect Gordon Brown next year: as soon as you can catch a break from playing secret santa, run out to the video store and grab a DVD of Terminator III.
HERE is my festive advice to anybody who wants to understand how the credit crunch will affect Gordon Brown next year: as soon as you can catch a break from playing secret santa, run out to the video store and grab a DVD of Terminator III.
Besides the thoroughly enjoyable pyrotechnics and action scenes, the film, the last starring Arnold Schwarzenegger before he became governor of California, has a simple, typically religious message: judgment day is inevitable.
For years, Brown piled on higher taxes and red tape, gradually eroded Britain’s competitiveness and presided over an increasingly unhealthy and unbalanced economy. For almost as long, few noticed and even fewer cared. But 2008 will be the year in which Brown is finally faced with the consequences of his actions: the public, long anaesthetised by the house price and credit boom, is finally coming to its senses now that the good days are ending.
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