Causes of the European debt crisis historian Robert Skidelsky added that it was indeed excessive lending by banks, not deficit spending that created this crisis. Government's mounting debts are a response to the economic downturn as spending rises and tax revenues fall, not its cause. Either way, high debt levels alone may not explain the crisis. According to The Economist Intelligence Unit, the position of the euro area looked "no worse and in some respects, rather better than that of the US or the UK." The budget deficit for the euro area as a whole (see graph) is much lower and the euro area's government debt/GDP
According to Spike Milligan there are running gags about Dr. Frankenstein's sea voyages during which his ship sinks, the monster disappearing mysteriously because he runs at speeds of 100 mph, and notes by an editor (Milligan) making sarcastic remarks about events in the novel. "The Hound of the Baskervilles According to Spike Milligan" is a spoof of "The Hound of the Baskervilles" by Sir Arthur Conan Doyle. The plot is almost the same as the original, the main differences being that the Spike Milligan version is considerably shorter, and there is more humorous content. Written from the viewpoint of Dr. Watson (who is accompanied