The End of Britain?

Old Jul 30th 2013, 9:23 am
  #1  
Kix
Nothing doin' here
Thread Starter
 
Kix's Avatar
 
Joined: Sep 2008
Posts: 3,508
Kix will become famous soon enoughKix will become famous soon enough
Default 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?
Kix is offline  
Old Jul 30th 2013, 9:30 am
  #2  
Joined on April fools day
 
Beaverstate's Avatar
 
Joined: Apr 2012
Location: Hops capital of...well hops festival
Posts: 10,638
Beaverstate has a reputation beyond reputeBeaverstate has a reputation beyond reputeBeaverstate has a reputation beyond reputeBeaverstate has a reputation beyond reputeBeaverstate has a reputation beyond reputeBeaverstate has a reputation beyond reputeBeaverstate has a reputation beyond reputeBeaverstate has a reputation beyond reputeBeaverstate has a reputation beyond reputeBeaverstate has a reputation beyond reputeBeaverstate has a reputation beyond repute
Default Re: The End of Britain?

Originally Posted by Kix View Post
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?
Its OK, Chris says don't worry. He doesn't see any of it.
Beaverstate is offline  
Old Jul 30th 2013, 11:11 am
  #3  
Knee deep and rising
 
weasel decentral's Avatar
 
Joined: Sep 2011
Posts: 2,789
weasel decentral has a reputation beyond reputeweasel decentral has a reputation beyond reputeweasel decentral has a reputation beyond reputeweasel decentral has a reputation beyond reputeweasel decentral has a reputation beyond reputeweasel decentral has a reputation beyond reputeweasel decentral has a reputation beyond reputeweasel decentral has a reputation beyond reputeweasel decentral has a reputation beyond reputeweasel decentral has a reputation beyond reputeweasel decentral has a reputation beyond repute
Default 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'
weasel decentral is offline  
Old Jul 30th 2013, 4:08 pm
  #4  
BE Forum Addict
 
UKCityGent's Avatar
 
Joined: Feb 2007
Location: Kuwait
Posts: 1,120
UKCityGent has a reputation beyond reputeUKCityGent has a reputation beyond reputeUKCityGent has a reputation beyond reputeUKCityGent has a reputation beyond reputeUKCityGent has a reputation beyond reputeUKCityGent has a reputation beyond reputeUKCityGent has a reputation beyond reputeUKCityGent has a reputation beyond reputeUKCityGent has a reputation beyond reputeUKCityGent has a reputation beyond reputeUKCityGent has a reputation beyond repute
Default 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 !
UKCityGent is offline  
Old Jul 30th 2013, 4:48 pm
  #5  
Lost in BE Cyberspace
 
Joined: Nov 2012
Posts: 7,699
scot47 has a reputation beyond reputescot47 has a reputation beyond reputescot47 has a reputation beyond reputescot47 has a reputation beyond reputescot47 has a reputation beyond reputescot47 has a reputation beyond reputescot47 has a reputation beyond reputescot47 has a reputation beyond reputescot47 has a reputation beyond reputescot47 has a reputation beyond reputescot47 has a reputation beyond repute
Default 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 !
scot47 is offline  
Old Jul 30th 2013, 4:49 pm
  #6  
...---...
 
Fossildog's Avatar
 
Joined: Mar 2012
Posts: 485
Fossildog has a reputation beyond reputeFossildog has a reputation beyond reputeFossildog has a reputation beyond reputeFossildog has a reputation beyond reputeFossildog has a reputation beyond reputeFossildog has a reputation beyond reputeFossildog has a reputation beyond reputeFossildog has a reputation beyond reputeFossildog has a reputation beyond reputeFossildog has a reputation beyond reputeFossildog has a reputation beyond repute
Default 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 ....
Fossildog is offline  

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Contact Us Archive Advertising Cookie Policy Privacy Statement Terms of Service

Copyright © 2018 MH Sub I, LLC dba Internet Brands. All rights reserved. Use of this site indicates your consent to the Terms of Use.