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UK debt, it can't go on like this...

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    UK debt, it can't go on like this...

    http://www.telegraph.co.uk/finance/e...d-of-13bn.html

    The more the UK government borrows the more we'll all spend on taxes just covering the interest on the borrowing, let alone public sector pensions.

    Ruin beckons.

    #2
    http://www.telegraph.co.uk/finance/5...s-by-32bn.html

    It gets worse.

    Green shoots.

    Comment


      #3
      I think Mr Darling needs to order a few sets of these ...

      http://hhgproject.org/entries/perils...unglasses.html

      Comment


        #4
        Originally posted by DimPrawn View Post
        http://www.telegraph.co.uk/finance/e...d-of-13bn.html

        The more the UK government borrows the more we'll all spend on taxes just covering the interest on the borrowing, let alone public sector pensions.

        Ruin beckons.
        freedom

        The more the Government has to spend on interest payments, the less there will be to waste on futile intrusive attempts to micromanage every aspect of peoples' lives.
        Work in the public sector? Read the IR35 FAQ here

        Comment


          #5
          Originally posted by DimPrawn View Post
          Green shoots.
          Quite!

          Sod "green shoots" and other straw-grasping by the hard of thinking - everything in the economy is in such a bad way it will take at least a decade to sort out. Pensions will take much longer.

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