The debt time bomb that is Britain

Discussion in 'YouTube Digest' started by finicky, Sep 30, 2013.

  1. finicky

    finicky Well-Known Member Silver Stacker

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    [youtube]http://www.youtube.com/watch?v=AYVZKpH3pnM[/youtube]
     
    finicky, Sep 30, 2013
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  2. errol43

    errol43 New Member Silver Stacker

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    Australian debt bomb is only small compared to UK.

    Government debt = $250/300 billion =25% of GDP

    Private debt = 170% of GDP

    MAYBE THAT IS GOOD NEWS.

    FIGURES ARE QUOTED FROM MEMORY.

    Regards Errol 43
     
    errol43, Sep 30, 2013
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  3. JulieW

    JulieW Well-Known Member Silver Stacker

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    Max Keiser often says Britain is beyond repair.
     
    JulieW, Sep 30, 2013
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  4. Silverthorn

    Silverthorn Well-Known Member

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    Silverthorn, Oct 1, 2013
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  5. JulieW

    JulieW Well-Known Member Silver Stacker

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    Interesting that at the top of their Empire they had 4000 public servants administering it. Now they have half a million public servants administering their welfare state.
     
    JulieW, Oct 1, 2013
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  6. willrocks

    willrocks Well-Known Member Silver Stacker

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    Ha Ha. What recovery?
     
    willrocks, Oct 1, 2013
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  7. Old Codger

    Old Codger Active Member Silver Stacker

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    Of the G20, almost? all are in the same (hopeless) boat.
     
    Old Codger, Oct 1, 2013
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  8. errol43

    errol43 New Member Silver Stacker

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    Up SH.. Creek without a paddle is how I would describe it. But when will it happen ? Maybe it will be a slow process or maybe we wake up one morning they own your stocks, super and bank notes. :)

    If it collapses overnight, you would have to give TPTB top marks for hiding the real situation for so long,

    Regards Errol 43
     
    errol43, Oct 2, 2013
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