UK National debt

    Ok so i knew the UK National debt was over 900 bil but look at the amount that it is increasing by the second!!!
    Link in first post


    Original Poster


    its amazing


    clubba 786

    Clickyits amazing

    how did you get my bank account :O lol.

    agreed that is crazy!!

    You'd have thought that BG1 would have offered to help!

    Don't worry, some Ethiopians are gonna hold a concert to wipe our debt.


    Anyone see dispatches last night? Truly dire viewing and hope their 'facts' were wrong. They said UK national debt was £4.8 Trillion, not the £900Billion stated above!


    Your share of the bill

    * We owe £77000 for every man, woman and child
    * The interest on the debt each year is more than the whole payments made by mortgage holders in the UK
    * Deficit around £150Billion forecast every year so the 4.8Trillion is just going to go up & up until we're bankrupt
    * Benefit payments last year exceeded income tax receipts
    * Public sector is now bigger than the private sector

    Made me laugh when they started stacking £50 notes up on the floor and estimated how far it would go in the air before it equalled the national debt. I guess around 500Metres. Actually came to 6511 MILES!

    Hong Kong seems the way to go. Only 15% tax on high earners and 0% for everyone else. Encourages growth as nearly all the people work.
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