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Old 05-12-2012, 12:20 PM #1
the truth the truth is offline
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the truth the truth is offline
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Join Date: Nov 2011
Posts: 14,477
Default The UK is $10.4 trillion in debt

we are second only the US in total debt (external debt includes public and private debts)

However the US GDP exceeds their total debt, ours does not.

In short we are in unimaginable economic trouble. Our debt per head is $144,000 per person. We are in effect slaves to the enormous corporations who own our country and the foreign nations who own our unpayable debts

This is also the reason we are permanently at war (us and america0 simply because we cannot afford not to be!

How did we get here ,

1) we couldnt afford to repay the americans for the 2nd world war
2) militant labour bankrupted the nation in the 1970s
3)the short term psycho, maggie thatcher sold off the nation and privatised the utilies and public transport. she also destroyed industry and flooded the coal mines so destroying 1000 years of coal. she made a fast profit, but 20 years later weve run out of energy and lost all control of our own resources. you can now target cleaner coal by finding the exact coal seams and the costs and environmental damage is tiny. thatcher was a puppet of the rich, I could write for days about how she dismantled the steel the coal industries. 4) we entered illegal wars
5) we put all our eggs in one basket. the financial services market. this meant we were enslaved to them, gave them too much power, deregulated them, now we are too scared and too powerless to turn back the clock and tighten up regulations and tax loopholes
6) we sold out news to a a corrupt media mogul, which enslaved our politicians to his news corporations. this also perverted the legal system and policing further. it also played as all against each other. the rich divide and conquer is the same tactic theyve used for 3000 years and we all fall for it. we poor peasants argue over the tiny things and forget we actually agree over the major issues

7) weve also lost our moral compass totally. Nero fiddled as rome burned. with the UK we fiddled over fox hunting and kept fiddling over trivial issues like gay marriage (just make a decison and move on), as the rest of the nation burned. The bankruptcy of the nation, the collapse of families, of the NHS, of teen pregnancy, of drugs,the abortion capital of the world, the booze obsession, the police and public service corruption and waste and of course of global warming



1 United Kingdom $10,450,000,000,000
2 Germany $4,489,000,000,000
3 France $4,396,000,000,000
4 Italy $2,345,000,000,000
5 Netherlands $2,277,000,000,000
6 Spain $2,047,000,000,000
7 Ireland $1,841,000,000,000
8 Belgium $1,313,000,000,000
9 Austria $752,500,000,000
10 Sweden $598,200,000,000
11 Denmark $492,600,000,000
12 Portugal $415,500,000,000
13 Greece $371,500,000,000
14 Finland $271,200,000,000
15 Poland $187,800,000,000
16 Hungary $142,900,000,000
17 Romania $85,860,000,000
18 Czech Republic $61,740,000,000
19 Slovenia $40,420,000,000
20 Slovakia $36,660,000,000
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