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#905059 - 14th Oct 2014 1:42pm UK National Debt
derekdwc Online   content


Forum Veteran

Registered: 13th Oct 2008
Posts: 4983
Loc: Birkenhead
Some interesting reading and warnings click

also debt clock [url=www.debtbombshell.com/]click[/url]

Was the bailout of the banks,, insurance increases, increase in pension age, private pensions more in - less out all to help them keep buying bonds using your money to get us deeper into uk debt.
Foreign investors are other governments besides financial companies and individuals
God Nobody knows how it will be when the bonds come to full term for the money lent to be paid back



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national debt investersgilt-holdings.png




Edited by derekdwc (14th Oct 2014 1:49pm)

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#905066 - 14th Oct 2014 2:14pm Re: UK National Debt [Re: derekdwc]
granny Offline

Wiki Master

Registered: 29th Jun 2011
Posts: 13974
Loc: Wirral
General view I'm sure; if France has now hit the shit, then why shouldn't UK.

Haven't read it all yet Derek but for the interest of the pensioners on Wiki, yet again I am convinced of another fixing of figures.
Ironically, according to BBC News the inflation rate for September is at a five year low. Down from 1.5% in August to 1.2% in September.
The obvious result of that comes when Government uses the inflation figures to benchmark State Pensions for the next year, and are calculated on the inflation rates in September.

Another 'Fix'.........happens every year, despite everything. Always September figures go down.

Quote from 2012 to explain how it works

The guarantee, which means the state pension will rise in line with whichever is higher out of prices inflation, earnings or 2.5%, was introduced in 2010. Until now it has been set in line with the rate of CPI as measured every September: state pensions increased by 5.2% last April, the rate of CPI in September 2011.


But last month the rate fell to 2.2%, so the benchmark used will be the 2.5% minimum level of increase, the highest out of the three triple lock benchmarks. The provisional earnings inflation figure released last month was 1.5%, and the revised rate is not expected to exceed the 2.5% triple lock minimum.


Edited by granny (14th Oct 2014 2:17pm)
_________________________
...and those who were seen dancing were thought to be insane by those who could not hear the music.FN

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#905122 - 14th Oct 2014 10:21pm Re: UK National Debt [Re: derekdwc]
svenlock68 Offline
Addict

Registered: 27th Nov 2011
Posts: 267
Loc: svenlock68
Any government whatever they are ,labour,conserv,ukip,etc run the country by taxation.
The gov have no money. Its ours.
We dont make anything anymore. 70 % of all business is services.
If you google the gdp pie chart this year theres only two sectors the gov can rape from ....pensions and welfare (dont touch nhs it loses votes)
So when they shaft the country via banking (who produce half the gdp) they have only 2 places to rob it back.
The tax payer is the cash cow for their incompetence . Full stop

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#905126 - 14th Oct 2014 10:56pm Re: UK National Debt [Re: derekdwc]
granny Offline

Wiki Master

Registered: 29th Jun 2011
Posts: 13974
Loc: Wirral
Have just watched the first 20mins of Newsnight, BBC2
Very interesting with regard to understanding how everything either works together or against in the economic quagmire of interest rates, quantitative easing, and economics.
Get it on iplayer.

(Can't remember it all now) laugh
_________________________
...and those who were seen dancing were thought to be insane by those who could not hear the music.FN

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#905280 - 16th Oct 2014 11:50am Re: UK National Debt [Re: granny]
Moonstar Offline

Forum Addict

Registered: 2nd Jul 2011
Posts: 1240
Loc: Wirral
You could give yourself a severe headache over something you can do nothing about.

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#905372 - 17th Oct 2014 10:48am Re: UK National Debt [Re: derekdwc]
casper Online   content
Forum Addict

Registered: 13th May 2012
Posts: 1264
Loc: wallasey
As the old adage goes shit rolls downhill, and unfortunately we are at the bottom, governments play in the giant casino of the world they gamble with our money,and because they are in business(and in the know) they place side bets with their own money, now if that play was reversed they would almost certainly be much more careful with the stake money, what ever happens with the economy they are Teflon coated, politics means nothing to them they will change parties or policies to get the best advantage when it suits to get the best returns for their ill gotten, sorry to say I don't think any of them truly represent the people, too much self interest.

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#905628 - 19th Oct 2014 2:47pm Re: UK National Debt [Re: derekdwc]
svenlock68 Offline
Addict

Registered: 27th Nov 2011
Posts: 267
Loc: svenlock68
Although as the little people we have near to zero power ,we must definitively vote scumbag cameron out by majority.
People forget no ones been voted in that way for 13 years!!
The systems so bent scumbag mps can get into power without solid votes.
Even if its for lord sutch or bezz from happy mondays....we must vote against them and out.
Apathy must not rule.


Edited by svenlock68 (19th Oct 2014 2:48pm)

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#905634 - 19th Oct 2014 3:34pm Re: UK National Debt [Re: derekdwc]
RUDEBOX Offline

Wiki Master

Registered: 29th Aug 2008
Posts: 19087
Loc: Bob Land
Apathy smothers revolution.
_________________________
Mia Mabel


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#905654 - 19th Oct 2014 8:20pm Re: UK National Debt [Re: svenlock68]
casper Online   content
Forum Addict

Registered: 13th May 2012
Posts: 1264
Loc: wallasey
Definitely with you there Cameron and his scummy party have got to go, never voted for them and never will, not much choice out there but the cons and ukip are one and the same.

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