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National debt going up £5000 per second

fordcapri2000
Posts: 116 Forumite
Just thought some people on here needed a reality check...
http://www.nationaldebtclock.co.uk/
Government debt is now rising at £5000 per second, UK finances have not even come close to being balanced to anything like it needs to be.
Every day we are putting off the inevitable day when we need to roll our sleeves up and get out of this mess. But for a number of reasons we are putting it off in order to convince people they are Millionaire homeowners, or they going to be millionaire homeowners:) it's laughable.
Was watching a great program the other night "Our streets" I think it was called. There were photos of a home back in the first half of the last century that showed a run down house with the people living in it in REAL poverty, it was classed as a slum area. Roll on 2015 and there was this typical slimey estate agent showing a couple around the very same house now £750k home that it was now it seems full of "old charm".
History in the UK is full of big up's and down's, and in my opinion it is not as uncontrolled as many people think. Steady running flatlining economies have made and will continue to make a small elite VERY RICH. It does not matter if it is a collapse or a boom, they are just two sides of the same coin as far as some people are concerned.
p.s And as bad as National debt is, personal debt is as high.
http://www.nationaldebtclock.co.uk/
Government debt is now rising at £5000 per second, UK finances have not even come close to being balanced to anything like it needs to be.
Every day we are putting off the inevitable day when we need to roll our sleeves up and get out of this mess. But for a number of reasons we are putting it off in order to convince people they are Millionaire homeowners, or they going to be millionaire homeowners:) it's laughable.
Was watching a great program the other night "Our streets" I think it was called. There were photos of a home back in the first half of the last century that showed a run down house with the people living in it in REAL poverty, it was classed as a slum area. Roll on 2015 and there was this typical slimey estate agent showing a couple around the very same house now £750k home that it was now it seems full of "old charm".
History in the UK is full of big up's and down's, and in my opinion it is not as uncontrolled as many people think. Steady running flatlining economies have made and will continue to make a small elite VERY RICH. It does not matter if it is a collapse or a boom, they are just two sides of the same coin as far as some people are concerned.
p.s And as bad as National debt is, personal debt is as high.
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Comments
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The 5 minutes it took to write this post it went up £1,000,0000
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We need to increase tax on premiership footballers to compensate!0
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fordcapri2000 wrote: »Just thought some people on here needed a reality check...
http://www.nationaldebtclock.co.uk/
Government debt is now rising at £5000 per second, UK finances have not even come close to being balanced to anything like it needs to be.
Every day we are putting off the inevitable day when we need to roll our sleeves up and get out of this mess. But for a number of reasons we are putting it off in order to convince people they are Millionaire homeowners, or they going to be millionaire homeowners:) it's laughable.
Was watching a great program the other night "Our streets" I think it was called. There were photos of a home back in the first half of the last century that showed a run down house with the people living in it in REAL poverty, it was classed as a slum area. Roll on 2015 and there was this typical slimey estate agent showing a couple around the very same house now £750k home that it was now it seems full of "old charm".
History in the UK is full of big up's and down's, and in my opinion it is not as uncontrolled as many people think. Steady running flatlining economies have made and will continue to make a small elite VERY RICH. It does not matter if it is a collapse or a boom, they are just two sides of the same coin as far as some people are concerned.
p.s And as bad as National debt is, personal debt is as high.
How come people in the early 1900's in your TV show were living in absolute poverty - had they run up too many debts?0 -
Presumably innumerate as well as illiterate. In 5 minutes at £5,000 a second the debt would rise by £1,500,000!
It might be an idea to vote for a party that is going to rein in the debt whilst maintaining education spending!
Doesn't that perfectly illustrate the problems faced by this nation of ours?
Takes five minutes to write one sentence. (Poor productivity.)
Can't multiply 5000 x 60 x 5 (Poor educational skills.)
:rotfl:0 -
Hang on a minute - I thought this was all under control with the careful planning by Gideon?0
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Doesn't that perfectly illustrate the problems faced by this nation of ours?
Takes five minutes to write one sentence. (Poor productivity.)
Can't multiply 5000 x 60 x 5 (Poor educational skills.)
:rotfl:
Excusing the arithmetic issue, I think they were referring to the time it took to write post # 1:wall:
What we've got here is....... failure to communicate.
Some men you just can't reach.
:wall:0 -
What ever side of the fence you sit it is and interesting subject, one that could and probably outside this one board produces a lot of debate.
Sadly the same bunch of cowardly p****s that hide behind not only their secret armchair persona, frightened to ever reveal themselves, but also their self serving agenda.
This board is just ruined by the 24/7 full time trolls that would not say boo to a goose in real life0 -
fordcapri2000 wrote: »What ever side of the fence you sit it is and interesting subject, one that could and probably outside this one board produces a lot of debate.
Sadly the same bunch of cowardly p****s that hide behind not only their secret armchair persona, frightened to ever reveal themselves, but also their self serving agenda.
This board is just ruined by the 24/7 full time trolls that would not say boo to a goose in real life
So what side of the debate do you sit?
So far you seem to be scared by a number which looks large with no context which you are unable to put into context by using simple arithmetic.
Effectively the choices are:
1. Austerity: cut spending on welfare (as that is basically where Government spending goes)
2. Increase taxes on the poor and middle classes (the rich already pay the huge balance of tax)
3. Knock three times on the money tree
4. No more NHS or pensions because the money's all been wee'd up the wall.0 -
Presumably innumerate as well as illiterate. In 5 minutes at £5,000 a second the debt would rise by £1,500,000!
It might be an idea to vote for a party that is going to rein in the debt whilst maintaining education spending!
When I write something like that I personally am just looking at this site for a short while then shooting off to work.. Like most people we just round numbers up/down and just give a ball park figure. The actual debt is 5,170 per second. And while I was drinking my cuppa this morning I might have taken 2.5 minutes or 7 minutes, I really did not have my stopwatch handy.
What else do you muppets do in the day besides trolling on here 24/7 picking up on complete irrelevant trivia.
Again just abuse from you and no content, abuse I am 100% certain you would never do face to face.. Cowards :-) Two of your cowardly trolling buddies on here have now traced my address should you want to put that to the test, I won't worry too much though.0 -
IveSeenTheLight wrote: »Excusing the arithmetic issue, I think they were referring to the time it took to write post # 1
Since post #2 was posted exactly 5 minutes after #1, I strongly suspect that was the 5 minutes they were talking about.
I believe that we can all accept that the poster concerned meant one thing and wrote another.:)0
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