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Douglas Carswell's Blog

26 FEB 2012

Bailout and borrow seems set to continue

"Britain will only contribute more money to bailing out the Eurozone if .... blah blah blah", we are told.

The blah blah is irrelevant.

What is significant is that the bailout madness is set to continue - and we seem prepared to keep throwing good money after bad.

More Continuity Brownism at the Treasury?

The Chancellor, in Mexico to fix the Euro rescue deal, ought to break with the herd and make it clear that the least worst solution to this nightmare is to default and decouple.

Instead, we keep putting more money on the table.

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