• Britain is a textbook case of how growing inequality leads to economic crisis. The years before the crash were marked by a sharp rise in remortgaging and the growth of 0% balance transfer credit cards. By 2008 the UK had the highest ratio of household debt to GDP of any major economy.

    "Pay equality and strong unions will put Britain back to work" by Frances O'Grady, August 4, 2012.
Cite this Page: Citation