UK most indebted nation in the world reveals new study UK is going up in flames for sure. Next thing you know we'll need to bail them out! Not going to happen for sure.
This is my take on the situation: The business interests want more and more profits, at any cost. They import workers from the third world who are willing to work for less than Britains are. But there is a problem: these third world workers have children, many of whom take up expensive welfare and drain funds from the NHS. And many of Britain's unemployed young adults, who have been displaced out of the workforce, will cost the state money. So the answer is to cut welfare funding, and slowly but steadily privitise the NHS to "contain costs". But if this is done from the start, Britains will complain. So what did the government do? They refused to raise taxes to pay for all the immigration, instead just borrowing more money. Then at some point they will say that Britain is in a crisis and needs to reduce its debt. The citizens will have to make sacrifices for the sake of "austerity" measures to bring the debt under control. As the government makes severe cuts, and all the children of immigrants take jobs, unemployment will soar. People will demand that the wealthy pay more taxes, but the business interests will have been planning for this moment all along, they will claim that higher taxes will "hurt" business and only cause more unemployment. People will believe this, since there will be plenty of propaganda pushed all over the place. So let us summarise what will happen: big business brings in "cheap" workers, but these workers are not really "cheap" at all- everyone else will end up paying for it. How long do you think the business interests will be willing to keep paying taxes so that the increasing population will be able to have decent health service? Do you really think the business interest would want all these foreign workers if they knew they would end up having to pay their medical expenses? I can guarantee that as Britain brings in more and more foreigners, the government is not going to increase funding to the NHS. Ordinary britains will suffer, while the wealthy will seek private care.
If the UK ever needs bailing out, you couldn't do it anyway. We're too big and the eurozone has no money left for more bailouts and German politicians would be history if they even thought about trying. And who'd even want to be bailed out after seeing what happened to Greece and Ireland??? And Belgium is hardly in an enviable position itself and it doesn't even have a currency to call its own anymore that it can devalue. Compare the UK with Belgium, and compare other countries here. It all goes to show what crap governments we've had in recent years. Even now our coalition government is still adding billions to our debt chasing pipe dreams of a carbon free economy. It's time the UK elected a pro-British government and decided its own affairs, instead of a pro-EU governments. PFI (mentioned in the article) was brought in by a past Conservative government to enable us to stay within the EU's Growth & Stability Pact. Tullet Preborn is right though ... the press and the pro-EU parties they support are remarkably complacent about the debt. You've illustrated nicely with your attitude a reason why political union is never going to work. We just don't like each other enough to get that close.
OK, unexpected fall-out for my part. I basically wanted to point out, that there is way over-represtation of Greece in English-speaking media. They have been drumming the same tune for almost 2 years now every other month: Greece is defaulting (not happening), Eurozone is breaking-apart (not happening), Euro is imploding (which also is not happening). => meanwhile, the UK is in a far crappier (!) situation than Greece and everybody is behaving like they just crapped their pants whilst standing in an overcrowed bus during rush-hour. Financial media, financial instutions can't be trusted anymore. People should know this -- they are all in this together. People need to vote (1) green or (2) deep-red.
Hurray! We agree on something. I'm sorry, I don't know what "represtation" means. The bailouts saved Greece from defaulting. Even after the bailouts Greece is still expected to default. It cannot fund its obligations after about October without another tranche of money. The whole eurozone is crapping its pants with indecisiveness and British politicians wring their hands and offer pathetic platitudes on the sidelines. Funny how we're still trusted to pay our debts then. I wish everybody here had "crapped their pants". Maybe we'd get some real change. The author of the article you posted wrote to all Members of Parliament to try and get a decent debate on the debt during the party conference season, but they'd all rather outdo themselves on who can be the "greenest". They're not all in this together. There are taxpayers and people who receive. You do that. There's absolutely no chance we will. We're already green and red enough as it is.
Unfortunately this can only end one way, and that's with the bankers hanging from lamposts. It will happen mark my words, these people have declared war on the rest of the population and the politicians haven't got the courage to stand up to them. The UK is going to erupt in the next few years, people have had enough. The elite don't seem to understand the anger there is in Britain today. An economy and a country cannot be run for the benefit of a tiny group of rich people, not an educated country like this one. The country will not stand for it.
Matter of time, isn't it. The penny has dropped. The only thing protecting the gannet parasites is the infrastructure and the disposition of the people. The Police came under heavy criticism but if it weren't for their presence, the riots might have escalated into serious revolt. I'm not convinced they still won't, but it will hopefully be a very British revolt with as little unpleasantness as possible. Nevertheless I agree, I think people have had enough. I also think the politicians don't have a scooby how to extricate their countries from this mess. And I include the entire EU and others, in that. Janpor, your news is history. We're all well aware of the debt issues. Scotland has more debt per capita than the rest of UK btw. Still...Tesco have started a massive price war. From tomorrow, they say the price cuts will lower the cost of the weekly shop for an average family by £20. Happy days if you have a large family.
Prices have gone through the roof. That is not the fault of the working man, but he is being forced to pay for it, along with paying for the banking nonsense. Farmers are no different from the rest of us (except the rich, of course). We are all under pressure (except the rich of course). If the supermarkets are having a price war, it still won't reduce prices even to what they were a year ago. But it will help most people. I didn't even agree with subsidising farmers during the last cattle plague (was it foot and mouth, don't remember). Why should public funding subsidise someone who hasn't the wit to insure against disaster? If farmers don't like it, perhaps they'll participate in the next protest...
I hope you know the vast majority of people who were caught in the riots were convicted people, not hard working Brits.
Evidence that please, as I'm tired of evidencing to the contrary. And watch as the Public Sector workers, i.e. teachers, nurses, civil servants etc etc etc return to protest on the streets shortly. I hope you remember the previous protest marches and strikes earlier in the year, which were hijacked by violent protestors and also the student protests where they breached Westminster with a big brick and dropped things from a great height from a public building.... ...EVERYONE is protesting, if not yet rioting.
