|"3, 2, 1...you're back in the room"|
"Many of our problems are home-grown. Gordon Brown regularly advised the rest of the world to follow his British model of growth. But the model was flawed. It led to the highest level of household debt in relation to income in the world. It produced a dangerously inflated property bubble. It encouraged a bloated, banking sector while manufacturing declined at an unprecedented rate. Then, they socialised the costs of the crash though a massive budget deficit, the biggest of any major economy. His disciple, Ed Balls, has – sort of – apologised but advocates policies that would repeat the disaster."