Danny Alexander's Challenge

This is the global lending merry go-round as explained for the general public by two leading Australian economists, wisely employing a variation of the Socratic method.



There is an answer to all this, you know, and it's called 'cuts'. I wonder if young Danny Alexander is up to the challenge. Ha! Fat chance.

Remember John Redwood? We might have had a chance with him.

Hat tip: Tangled Web