A Quote by Richard Cobden
I cannot separate the finances of India from those of England. If the finances of the Indian Government receive any severe and irreparable check, will not the resources of England be called upon to meet the emergency, and to supply the deficiency?
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I began to travel by myself, in Europe, when I was eight years old. At that age I was already on the move between India and Swizerland, Switzerland and France, France and England. Administering my own finances like an adult.
We campaigned on the fact that we were going to have to take difficult decisions because of the state of the public finances. When we got into government we discovered that actually the public finances were in an even worse state than we thought.
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Government bonds have basically been sold in the domestic market, so there is some sense of stability, but the amount of public debt is really severe... Japan must manage its finances with a sense of urgency.
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