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Debate House Prices


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Crisis not over, the big crash still on its way.

Silverbull
Silverbull Posts: 369 Forumite
in Debate House Prices & the Economy
Next year Great Britain will owe over 1 Trillion pounds.

Thats about thats about £15000 per man woman and child.

Its about £33000 per working person.

Next year each British household will have to pay about £2000 in interest.

But its not just the UK this time its global.

http://www.youtube.com/watch?v=c6jzbf8EqxY&feature=mfu_in_order&list=UL
«1345

Comments

  • Masomnia
    Masomnia Posts: 19,506 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    We already owe over a trillion don't we?
    “I could see that, if not actually disgruntled, he was far from being gruntled.” - P.G. Wodehouse
  • Kohoutek
    Kohoutek Posts: 2,861 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Silverbull wrote: »
    Next year Great Britain will owe over 1 Trillion pounds.

    You realise that government liabilities are assets for the private sector and individuals, right?
    Silverbull wrote: »
    Next year each British household will have to pay about £2000 in interest.

    You realise that about 20% of gilts outstanding are owned by the Bank of England and the Bank of England remits all interest it receives back to the Treasury?

    You realise that interest paid on government debt held by UK domiciled entities is subject to taxation?
  • 1984ReturnsForReal_2
    1984ReturnsForReal_2 Posts: 15,431 Forumite
    Masomnia wrote: »
    We already owe over a trillion don't we?


    We did from a couple of months ago
    Not Again
  • the_flying_pig
    the_flying_pig Posts: 2,349 Forumite
    crash in what? pwoperdee? silver?
    FACT.
  • lemonjelly
    lemonjelly Posts: 8,014 Forumite
    1,000 Posts Combo Breaker Mortgage-free Glee!
    PPPfffft!

    You are all clearly ignoring the fact that THERE IS A YOUTUBE VIDEO to back this up.

    Obviously gospel this one then.

    <bookmarks thread>
    It's getting harder & harder to keep the government in the manner to which they have become accustomed.
  • System
    System Posts: 178,377 Community Admin
    10,000 Posts Photogenic Name Dropper
    You !!!!!!!! me? a YOUTUBE video? *sells house*
    This is a system account and does not represent a real person. To contact the Forum Team email forumteam@moneysavingexpert.com
  • FTBFun
    FTBFun Posts: 4,273 Forumite
    There's no yellow warning triangle though.

    Try again OP.
  • lemonjelly
    lemonjelly Posts: 8,014 Forumite
    1,000 Posts Combo Breaker Mortgage-free Glee!
    yellow-warning-triangle-sign-1.jpg

    That's better.
    It's getting harder & harder to keep the government in the manner to which they have become accustomed.
  • Aberdeenangarse
    Aberdeenangarse Posts: 1,262 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Silverbullshi_t wrote: »
    Next year Great Britain will owe over 1 Trillion pounds.

    Thats about thats about £15000 per man woman and child.

    Its about £33000 per working person.

    Next year each British household will have to pay about £2000 in interest.

    But its not just the UK this time its global.

    http://www.youtube.com/watch?v=c6jzbf8EqxY&feature=mfu_in_order&list=UL

    So....................?
  • Batchy
    Batchy Posts: 1,632 Forumite
    just to clarify, the government has commenced the austerity measures... things will be sorted in the future... times will be hard, but, then, so will just about every other countries difficulties be passed onto the local population too.

    Lets not get over excited about it thou!...

    Times were hard in the 1940's getting bombed every night, who would have thought we would all be so technologically advanced as we are now, but here we are, look at the freedoms we have, look at the life styles we lead! Its all good and could be a hell of a lot worse.

    Who should I make my 33k cheque out too?
    Plan
    1) Get most competitive Lifetime Mortgage (Done)
    2) Make healthy savings, spend wisely (Doing)
    3) Ensure healthy pension fund - (Doing)
    4) Ensure house is nice, suitable, safe, and located - (Done)
    5) Keep everyone happy, healthy and entertained (Done, Doing, Going to do)
This discussion has been closed.
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