AT least 10 years ago, Japan decided that low interest rates were the answer to their woes – slump, unemployment.
Result? Low expenditure by the Japanese increased unemployment, with no end in sight even now.
Seeing this was a complete failure, the UK Government has copied the Japanese, discouraging savings, making saving for a pension a joke, working for a living a joke.
What a cunning plan!
GLYN LIMMER, Roosevelt Road, Long Hanborough
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