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Analysis: Why record debt may not be a reason to cut government spending

Sky News’ Economics Editor explains that while government debt may have spiralled to the highest amount on record, the managing director of the IMF says we may need to borrow more.

Kristalina Georgieva says it is important for governments not to ‘withdraw economic support prematurely’.

To do so could put a break on any economic recovery from the coronavirus pandemic.

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41 comments

  1. Avatar

    Oh, did the Brittish people elect the IMF to manage the country? I don't remember that vote.

  2. Avatar

    To the Early Squad Reading This:

    Sending Virtual hugs to everyone who needs it. Always stay safe and healthy Mrbeast commented on my new video ✨

  3. Avatar

    I'll use that line on my bank, record debt does not mean I'm stopping spending !

  4. Avatar
    lip up fatty ah lip up fatty for the reggae

    WHAT PANDEMIC

  5. Avatar

    Do a Donald trump and fiddle the books instead

  6. Avatar

    That woman wants to enslave at least one more generation

  7. Avatar

    Another useless global Corp. Globalisation is their agenda.

  8. Avatar

    Interest are so low , the payments are a lower percent of the budget than when the debt was at 40%

  9. Avatar
    lip up fatty ah lip up fatty for the reggae

    2023 PLANNED CURRENCY CRISIS COMING BANK BAIL IN THE BOE WILL SAY WE CAN SAVE YOUR MONEY TAKE ARE DIGITAL POUND THERE SMART SURVEILENCE CITYS WILL NOT WORK WITH CASH SO EXCPECT THAT HAPPENING DOWN THE ROAD

  10. Avatar

    Kristalina Georgieva speaks English clearer than Boris Johnson

  11. Avatar

    Armenia, back to your village to India !

  12. Avatar

    That's where the GLOBAL RESET comes into play, World Economic Forum.

  13. Avatar

    Armenia, back to your village to India

  14. Avatar

    Why not put it off and spend more, so society collapses due to the economy collapsing, so the rich and the government can become our owners as we become their slaves…!

  15. Avatar

    All that graph told me is that WW3 should have started with in the last couple years… Better buy your ammo

  16. Avatar

    Live from Soho as London prepares to tighten COVID-19 restrictions.

  17. Avatar

    soho drink protest live.

  18. Avatar

    Just tax us more lol

  19. Avatar

    Negative interest rates make government debt an earning asset!

  20. Avatar

    Piers Corbyn live soho protest.

  21. Avatar

    Rishi is a clown, the way he looks with his eyes is so funny🤣😂😂

  22. Avatar

    Public credit bad government credit good

  23. Avatar

    Some are rubbing hands intensively 🤝

  24. Avatar

    The time to balance the books was 2 years ago. FYI they'll balance the books via inflation

  25. Avatar

    Coming off the Gold standard had the same affect as going to war on the National debt for advanced economies.

  26. Avatar

    2:02 I was deaded lmaoooo watch thst bit thank me later

  27. Avatar

    I think by now ..weeve all had a taste of this Government's version of build back better …🤣🖕…and I voted for these chumps..wish I hadn't bothered now..👎
    ..

  28. Avatar

    long bitcoin short the banks

  29. Avatar

    Interesting information. I’ll be looking for more to get a clear picture.

  30. Avatar

    Cut more please ✂️✂️✂️✂️✂️🇬🇧🇬🇧🇬🇧🇬🇧✂️✂️✂️

  31. Avatar

    Who is this shifty looking two-faced Asian? Has he got his sticky fingers onto HM Treasury?

  32. Avatar

    Globalism is a disease

  33. Avatar

    Just keep debasing the currencies until most people are serfs. Our asset rich, but debt ridden elite don't deserve to pay for their hopeless inadequacy, the burden should fall on savers, the young and future generations.

  34. Avatar

    Yessss! No more job centre appointments and the dole money is still rollin' into my bank 😀

  35. Avatar

    NEVER TRUST A TORY GOVERNMENT………….SAOR ALBA 2021

  36. Avatar

    That's a lot of eye shifting…

  37. Avatar

    Basically the British government are stingy misers, who feather their own nests before feathering yours.

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