It shows nothing of the sort, it shows that Labour were working with historicly low levels of debt and deficit until there was an international banking crisis, that even you are no longer stupid enough to blame them for, then debt started to shoot up but at the time of the 2010 election they had curbed its rise.
then the Tories took over, brought in austerity and royally screwed everything up and continue to do so.
It is pretty self explanatory
So how do you explain all the countries that avoided exposure to the crisis then. Brown bought into the American deregulation and borrowing boom wholesale, and left us completely exposed to the crash. You can make all the excuses you like, and you can be as sneering and supercilious as you want. But the facts are that our economy was ruined after ten years of Labour government. It was ruined bad by decision making , personal greed and a desperation to do everything the Americans wanted us to do. Including an illegal war which cost hundreds of billions of pounds.. These people are indefensible. I cannot understand why you feel the need to defend them.
I don't think any major economies totally avoided exposure to the banking crisis but, as the name suggests, this was a crisis in the banking and wider financial services industry and guess which economy decided to put as many of its eggs as it could in that basket from the late 80s onwards.....
No clues, I know you know this one.
Countries that had invested heavily in their manufacturing industry, like France and Germany - and those that are resource economies - like Australia, Canada and, to an extent, Russia - which much less effected, resource economies actually thrived as resources were often used as hedges against housing and other financial products that were crashing.
I really should get paid for taking you through this you know, I am too kind.
The Labour Party bought into the banking economy because it feared, probably quite rightly, that it would be crucified by the press if it didn't. I have already said, quite frequently, the the cowardice in the face of the press was one of the great failings of the Labour government and one it doesn't look like the next one is in any danger of making thankfully. People like you would have had a thrombo if Brown had suggested curbing teh excesses of the city to to bleat about it now seems mightily hypocritical in my view.
How ever much the Labour Party ruined the economy that graph, which will have its gradients explained to you shortly, shows the Tories have made it far worse and also managed to fuck up housing, health, education, roads, local services and disability benefits.
That is quite impressive in some ways, you wouldn't think such economic incompetence was actually possible, but Osborne and his followers have managed it - Chapeau!
If it had been a tory government at the time we would never have heard the last of it.
I am assuming this is a clever joke.