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It was the biblical economist, Norm Franz, who said, 'Gold is the money of kings, silver is the money of gentlemen, barter is the money of peasants - but debt is the money of slaves'.

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The phrase lions led by donkeys was used by British front-line soldiers in the First World War. They were the brave lions who were sent to their deaths by incompetent and often indifferent leaders.

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What a difference six months makes. At the beginning of the year Boris Johnson was talking about the U.K. becoming Singapore-On-Thames.

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