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Posted By: derekdwc UK National Debt - 14th Oct 2014 12:42pm
Some interesting reading and warnings click

also debt clock www.debtbombshell.com/

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



Attached picture national debt investersgilt-holdings.png
Posted By: granny Re: UK National Debt - 14th Oct 2014 1:14pm
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.
Posted By: svenlock68 Re: UK National Debt - 14th Oct 2014 9:21pm
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
Posted By: granny Re: UK National Debt - 14th Oct 2014 9:56pm
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

Posted By: Moonstar Re: UK National Debt - 16th Oct 2014 10:50am
You could give yourself a severe headache over something you can do nothing about.
Posted By: casper Re: UK National Debt - 17th Oct 2014 9:48am
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.
Posted By: svenlock68 Re: UK National Debt - 19th Oct 2014 1:47pm
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.
Posted By: RUDEBOX Re: UK National Debt - 19th Oct 2014 2:34pm
Apathy smothers revolution.
Posted By: casper Re: UK National Debt - 19th Oct 2014 7:20pm
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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