“Vote Labour and we’ll turn debt into investment”
Written by a wag on the Guido Fawkes blog in the comments on an excellent item about inflation. The great thing about that quote is that I can actually imagine some prat such as Ed Milliband, leader of the Labour Party, saying such a thing. And of course this is pretty much what Paul Krugman, Nobel Prize winning economist, probably thinks also.
Meanwhile, Niall Ferguson, the historian, weighs in on the issue of debt.