Rupert Lowe
๐ค SpeakerAppearances Over Time
Podcast Appearances
So I think what's happened is we've gradually been party, or our leaders have, to closing down our economy, damaging the interests of the British people.
But the British people are still incredibly creative.
I have every faith in their ability if they're cut free.
But they've got to be cut free pretty quickly, Tucker.
I mean, our view is that if we haven't done it by 29...
It could be too late.
There's not much time.
There's not much time.
Labour's in charge until 29, but I think the Achilles heel there, possibly, is the economy.
So you talked about what is the British economy.
The British economy is...
as you know, as the American economy was, relied on something I hate called quantitative easing, which is basically getting high on your own supply, as I call it.
It's basically what third world dictators used to do shortly before their currencies descended into chaos.
But because you've got this sort of
manufacturing taking place in one part of the world and the consumption in another part of the world, they've been able to get away with it so far.
But it's still further hollowed out productive Britain.
So I'm very worried about our level of debt.
We're looking at a level of debt of around 100% of our GDP.
Our civil service pensions are off balance sheet, and there's another, we don't know the exact number, somewhere between 3 and 5 trillion, maybe a bit more, which is probably 200% of GDP.
That's not even on the balance sheet.