The End of Britain?
Jul 30th 2013, 9:23 am
#1
Nothing doin' here
Thread Starter
Joined: Sep 2008
Posts: 3,508
The End of Britain?
Got this sent to me the other day from Moneyweek, OK, very alarmist but they do have a point, has Britain really got debt of 900% of GDP? Will a future government have to rob the savings of the people (as they are doing in Italy/Greece/Spain)?
It's a long one, but raises some valid points - anyone want to comment?
It's a long one, but raises some valid points - anyone want to comment?
Jul 30th 2013, 9:30 am
#2
Joined on April fools day
Joined: Apr 2012
Location: 30 miles from a decent grocery store.
Posts: 10,642
Re: The End of Britain?
Got this sent to me the other day from Moneyweek, OK, very alarmist but they do have a point, has Britain really got debt of 900% of GDP? Will a future government have to rob the savings of the people (as they are doing in Italy/Greece/Spain)?
It's a long one, but raises some valid points - anyone want to comment?
It's a long one, but raises some valid points - anyone want to comment?
Jul 30th 2013, 11:11 am
#3
Knee deep and rising
Joined: Sep 2011
Posts: 3,007
Re: The End of Britain?
My initial reading of that was- what a load of cobblers, about 1 step up from the Sun in terms of 'reporting'
Jul 30th 2013, 4:08 pm
#4
BE Forum Addict
Joined: Feb 2007
Location: Kuwait
Posts: 1,202
Re: The End of Britain?
Absolute poppycock.
"MoneyWeek magazine aims to provide you with this knowledge – starting with your free Wealth Preservation Report." gives the game away for an alarmist report !
"MoneyWeek magazine aims to provide you with this knowledge – starting with your free Wealth Preservation Report." gives the game away for an alarmist report !
Jul 30th 2013, 4:48 pm
#5
Lost in BE Cyberspace
Joined: Nov 2012
Location: bute
Posts: 9,740
Re: The End of Britain?
How to preserve your wealth and enjoy it AFTER the apocalypse. We can reveal the method of constructing shrouds WITH POCKETS !
Jul 30th 2013, 4:49 pm
#6
...---...
Joined: Mar 2012
Posts: 484
Re: The End of Britain?
I guess if you took into account UK debt plus unfunded liabilities such as pension provisions and PFI commitments and the like then it would be approaching somewhere near the figure quoted by Moneyweek. However, with Carney at the helm and an endless supply of ink I guess the UK will pull through. Sterling on the other hand ....
