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BRITAIN"S TRILLION POUNDS HORROR STORY

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BRITAIN"S TRILLION POUNDS HORROR STORY

Post  Panda on Fri 12 Nov - 8:03


This was a Channel 4 programme last night and Britain has a National debt of 4.8 TRILLION POUNDS, a £77.000 debt for every Family in the U.K..
It was a very interesting programme with views from various Economists and Financial Gurus........it really is an enormous debt which will still be
being paid by our Grandchildren and their Grandchildren.Yet still, the Bank of England are still considering quantitive easing which devalues the £ and
leads to inflation.

The trouble is we are topheavy on Public Employment which produces nothing and have lost our manufacturing and Export base which is the source
of income.All this will lead to more demonstrations and there is no easy solution to this massive problem.

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Re: BRITAIN"S TRILLION POUNDS HORROR STORY

Post  Badboy on Fri 12 Nov - 12:07

Perhaps everyone should think of (a) money making scheme(s).
TRAIN TO GAIN.
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Re: BRITAIN"S TRILLION POUNDS HORROR STORY

Post  kitti on Tue 23 Nov - 7:44

Just think, this time next year WE will be in the same position as ireland...one goes down..THEY ALL GO DOWN ...
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