The collapse of the debt and credit bubble was obvious six years ago to anyone who used common sense to think about it. Friends often ask me, when I say myself and Liberal Democrats warned for several years about the unsustainable nature of the economic boom, whether we really knew that the economy was highly unsustainable. Two years after the recession started (though we didn't realise it for a while) seems a time to review briefly and say "Yes, we did tell you so on the debt bubble in the economy".
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