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Public Struggle With Debt Problems As Oil Company Profits Soar

Many Britons will wake up today with the prospect of an unsure economic future, out of control debt problems, increased fuel and petrol costs, higher food costs and the news that BP has made gigantic, multi-billion pound profits.

The executives will no doubt claim that we should all be proud that a British company is doing so well, digging up fossil fuels around the world in partnership with the Arabs, Russians, and whomever – making it’s executives millions and it’s shareholders billions.

The average UK consumer will probably find it hard to get too enthusiastic about this monumental achievement – instead they will be concentrating on holding onto their job, paying their credit card debts whilst finding the money to pay the utility bills and scrape together enough money to put some food in the fridge.

Oh well, let’s wave the flag – (oil)well done Britain.

The Shrinking Economy

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