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"Our approach is to reject the old vicious circle of the '80s-rising debt, higher long-term interest rates, higher debt repayment costs, lower growth, higher unemployment, then enforced cuts in public spending. That was the old boom and bust."

— Gordon Brown
gordon brown Quotes Rising,Repayment,Approach

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Gordon Brown
Rising
Repayment
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80s
Unemployment
Debt
Rejects
Cutting
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Interest Rate

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