Core Viewpoint - Prominent economists warn that the UK is heading towards a debt crisis similar to the 1970s due to the fiscal policies of Chancellor Reeves, potentially forcing the country to seek assistance from the IMF [1][2][3] Economic Situation - The current economic conditions are compared to the 1976 crisis, with predictions of a £50 billion fiscal deficit and concerns over rising borrowing costs [1][5] - The UK's debt-to-GDP ratio has reached 96.3%, one of the highest among developed nations, leading to significant interest payments [5] Fiscal Policy Concerns - Economists express that Reeves' approach of increasing public spending and taxes may lead to demand-pull and cost-push inflation, risking economic collapse [3][5] - There are warnings that further tax increases to cover the deficit could worsen the economic situation, with calls for spending cuts instead [5][6] Political Reactions - Opposition leaders, including Farage and Bardenough, criticize the government's fiscal management, drawing parallels to past economic crises [6] - The UK Treasury spokesperson dismisses claims of a 1970s-style debt crisis as unfounded, asserting that the government is taking necessary measures to stabilize the economy [6]
英财相税收支出政策备受争议,经济学家警告:1970年代经济危机可能重演
Sou Hu Cai Jing·2025-08-26 06:26