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tories can win it imo
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Chapeau to the Tories. After taking over a near bankrupt country from a party whose sole tactic always is to spend money they dont have the economy seems to have been turned round.
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the national debt has more than doubled in the last four years with more to come and people think the economy has turned round
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Well either you want painfully deep cuts to the deficit (to moan about)- or you have to accept the debt grows (and moan). Cake and eat it?
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The national debt has not doubled in the last four years.
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No but it will have doubled during the coalition term up to 2015.
1.27 Trillion now and ticking |
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I believe it to be nearer 4.5 trillion
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You been drinking again Moisty?
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I am no expert (ex being a has been and spert a drip under pressure)
but I have been advised when you look deeper into what is involved including the pension mess, you will find a lot more is debt than you or I may have understood previously. |
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I wouldn`t be surprised moisty, perhaps the incompetence is so out of control that no-one knows.
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I am told by someone who knows stuff in the city that the pension owed is anything and is unfunded
could be anything from 3 to 5 trillion the other problem stored up is the potential rise in interest rates - if that happens the cost of debt will go up - etc |
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You cant just claim any future expense as debt now. By that rationale every newborn baby is instantly millions of pounds in debt.
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The amount of debt all countries are carrying is incredible....the whole lot has to fall in sometime
I hope I am gone when it happens...the Credit Crunch was just a taster...there will be blood, literally Tories conveniently forget the amount of debt they inherited from Labour, a large part was caused by the Credit Crunch our debt has gone UP not down since they have been in power Unless we have a long term sustainable economy we are fecked anyway...which I don't think we have ![]() |
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It isn't only about debt.
The Tories were the same when there wasn't much debt. The worst things for the greatest numbers have ALWAYS happened under Conservative governments. |
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The worst thing...is our government said today is complete energy independence is unnecessary
it is better we pay for it ![]() ![]() we really do have lunatics running the asylum |
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I think a lot of people are undecided.
As the weather's so good, I've just been to the swimming baths. Been chatting to a few people - lots of floating voters |
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" lots of floating voters"
Which is more than you can say for the country. Going down like the Titanic under the Tories. Does anybody feel better off than 4 years ago? Apart from the banksters, the energy companies, the multi-nationals, and Garry Barlow. |
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The worst thing...is our government said today is complete energy independence is unnecessary
We are a small island with a large population. We can not be self-sufficient for any length of time in raw materials, we have to trade. Even China, with its huge land mass is not energy independent. It imports vast quantities of coal from Australia. We got rid of the lunatics (well most of them ) in 2010. It would be madness to give them back the keys to the treasury next year. |
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northernlad5
14 May 14 01:26 Of course Farage will be quite happy, he and his wife and cohorts milking the 'EU gravy train' for another five years. This is the nutjob who wants us to stay in Europe. Which means all those British in it will also milk 'EU gravy train' (How do you get milk from gravy anyway?) But of course, northenloon only picks on the honest and upstanding Nigel. NONE of the party he wants in (raving monster loony) will claim one euro in expenses, didn't you know that? |
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With the economy picking up and Miliband's lack of charisma and political impact, it's no wonder the Tories are starting to look good.
You've got to ask yourself what is the point of the Labour party these days? They can only make things worse if they get in. A boom on borrowed money followed by a crash in the economy is the norm, and the Tories do that better than Labour anyway. |
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We are a small island with a large population. We can not be self-sufficient for any length of time in raw materials, we have to trade.
Even China, with its huge land mass is not energy independent. It imports vast quantities of coal from Australia. Foinavon Why is Norway rich?????????? all their energy is renewable, they sell their oil Unfortunately as we have a larger population and not so many mountains and fiords , it is harder for us, but the principle applies Of course we have to trade, but what benefits us is what we EXPORT that makes us richer, what we IMPORT makes us poorer we have to pay for this I doubt we would ever become completely self sustainable but we could do a lot more don't you see it is what we SELL makes us rich, what we BUY makes us poor |
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We also need to accept a steady state population, or we are pi$$ing up against a wall
We allow a slight population inflation, with freezes when necessary |
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UK population 64 million
Norway population 5.6 million They generate far more hydroelectricity and have large reserves of oil and gas. What we buy also makes us richer if we add value to it by converting it to things we can export. Without imports our industry would grind to a halt. One of the reasons many African countries remain poor is that they sell their raw materials to developed countries without adding value themselves. |
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the can is just being kicked down the road,the national debt and i suspect private debt are as high as they have ever been with interest rates only able to go one way
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True GAZO, the electorate won't vote for the alternative.
Would you want to go back to the austerity of the 1940s and 1950s? |
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I don't mind us importing stuff, adding value to it, and re exporting it
but we cannot do this with energy, we just use it, so what is the point??????? foinavon you forget the austerity of the 1940's and 1950's was caused by our massive war debt but the 60's was quite prosperous yes I agree we kick everything down the road GAZO I disagree with this, we should be looking for long term solutions, not should hope it will go in the future the chances are, it will get worse |
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go away in the future
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pensions crisis...close all final pension schemes now
otherwise we are just kicking it down the road |
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yes, I know why things were so bad in the '40s and 50s, I'm old enough to remember most of it.
It's just that if we wanted to pay off our present massive debt in the next few decades we would need a similar austerity programme. We just don't have enough economically recoverable energy to meet our present needs although a massive expansion of fracking and nuclear capacity would help. We can't just turn on the tap. |
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ebulgery 'don't you see it is what we SELL makes us rich, what we BUY makes us poor'
Unso in fact. As any retailer will tell you - the profit is made when you BUY not when you sell. |
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The fact is, the majority of ordinary people are living in poverty. Food banks, energy bills, all the utility companies, whom I despise with a passion because they are basically evil, all get away with murder. It's getting where people have to choose between food or no heating, or water, babies arent being fed properly, and this in a so-called western civilised country.
Yet certain people just totally ignore what is actually happening, the rich banksters fecking the economy over and asking the poor and vulnerable to pay for them, there is an enormous gap - bigger than its ever been - between the elite and the less well off, this same elite, and you can even narrow them down to a very few; own probably over half of the entire world funds. I cant even understand how and why ordinary people just sit there and put up with the way things are, they should be rising up in revolution again. I hope the tory swine get smashed and never ever return, not that the labour party will be much better because all politicians are corrupt, and only care about their next bonus or claim for £2000 meal expenses. |
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but dont worry, next time this same elite bring about a world war, and they will, theyll be asking those same vulnerable people to sign up for the armed forces, at least that'd probably get them out of the house and they may even be fed!
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You are a fine man Tony, and I respect that..
but, as usual. you are so COMPLETELY and UTTERLY wrong! ![]() |
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no! Everything ive said is completely true, in fact im being lenient to that evil cvunts
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*those
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ebulgery 'don't you see it is what we SELL makes us rich, what we BUY makes us poor'
Unso in fact. As any retailer will tell you - the profit is made when you BUY not when you sell. then I am not surprised we are in such a mess if you really believe this country is going to get rich by buying everything from abroad and selling nothing abroad Ivor using that analogy Ivor If somebody in a market sells something, the person that sells get poorer while the person that buys get richer I appear to have strayed into the wrong universe. ![]() ![]() |
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I do realise that someone who imports something and sells if for a profit
that is good business for them...does not benefit this country a lot |
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Up the revolution Tony
![]() I feel like you |
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I don't understand high level economics
but I was brought up to believe our wealth depends on goods and services we export all I was saying was, why do we want to pay for something(energy) if we can get it for nothing???? Of course there is a cost in building wind farms, but it is an investment for the future, surely we don't have to build them all at once.... Also we cannot just keep increasing our population if we do not have the wealth to support them???? it is only a suggestion |
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I do not care which party gets into party, as they work for the long term benefit of this country
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