Omega Owners Forum
Chat Area => General Discussion Area => Topic started by: STEMO on 19 June 2020, 19:39:10
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The government's (our) debt is now bigger than the economy. It currently stands at £1.95 trillion, that's £1,950,000,000,000.
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Yes......I believe they call it GDP. Gross domestic product.
Either way it looks as though the economy is f*ucked. :-\
Not sure how this debt has an impact on the running of the economy, but it doesn't look good. :-\
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Yes......I believe they call it GDP. Gross domestic product.
Either way it looks as though the economy is f*ucked. :-\
Not sure how this debt has an impact on the running of the economy, but it doesn't look good. :-\
The debt is larger than our gross domestic product, if we were a person or a company, we would be declared bankrupt.
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Well, that's not strictly true, a lot of people owe more than their annual salary, but you know what I mean. It will take years and years to pay it back, and we could always have a second wave.
In happier news.......erm....erm......sorry, there is none.
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Well, that's not strictly true, a lot of people owe more than their annual salary, but you know what I mean. It will take years and years to pay it back, and we could always have a second wave.
In happier news.......erm....erm......sorry, there is none.
I haven't been made redundant. Yet.
So there's that... ;)
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Well, that's not strictly true, a lot of people owe more than their annual salary, but you know what I mean. It will take years and years to pay it back, and we could always have a second wave.
In happier news.......erm....erm......sorry, there is none.
I haven't been made redundant. Yet.
So there's that... ;)
That's good news, Al. :y
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Given the amount of money pumped into the system to cover the costs of the batflu, this is not "news" .. it is simply to be expected, and was forecast by the Treasury way back .... so once again misleading headlines on a non-story ...
whilst also ignoring the simple facts that the Opposition parties are all calling for more money to be given away to "support" people, airlines, schools etc etc .... which would, of course, increase the debt even further ...
so if the Government don't give out the money......"tightfisted, uncaring only interested in big businesss" ...... all aboard the outrage bus ....... lead by the MSM .....
if they do give out the money .. debt goes up .... "wasteful, mismanaging, only interested in the banks" ...... all aboard the outrage bus... lead by the MSM .....
and they call that "journalism" ????
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Now we're out of the EU and free of the Stability and Growth Pact we can have as much debt as we like! :y
Yay! :-\ ;D
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Now we're out of the EU and free of the Stability and Growth Pact we can have as much debt as we like! :y
Yay! :-\ ;D
Indeed, we'll just print £3trillion. Job jobbed :y
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Now we're out of the EU and free of the Stability and Growth Pact we can have as much debt as we like! :y
Yay! :-\ ;D
Indeed, we'll just print £3trillion. Job jobbed :y
Why not? ???
It's what Japan does. :)
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Now we're out of the EU and free of the Stability and Growth Pact we can have as much debt as we like! :y
Yay! :-\ ;D
Indeed, we'll just print £3trillion. Job jobbed :y
Hmmmm.....they'd have to print 50 gazillion yen. ;D
Why not? ???
It's what Japan does. :)