America is Bankrupt

[SplatSpeed]

America is 1 Trillion in debt

but it's pension provisions and healthcare needs mean that it has to find 59 Trillion

it's screwed and so are we, the good times are over due to the trade deficiet!

[Jasandjules]

And the UK is morally bankrupt, and soon to be financially bankrupt too (and that's before the PFI deals go on balance sheet as well).

[NoelWatson]

SplatSpeed said:

America is 1 Trillion in debt

but it's pension provisions and healthcare needs mean that it has to find 59 Trillion

it's screwed and so are we, the good times are over due to the trade deficiet!

The UK is in a worse position than the US

[SplatSpeed]

NoelWatson said:

SplatSpeed said:

America is 1 Trillion in debt

but it's pension provisions and healthcare needs mean that it has to find 59 Trillion

it's screwed and so are we, the good times are over due to the trade deficiet!

The UK is in a worse position than the US

i am not arguing just dont have the figures

[ViperScot]

We're dooooomed! Unless you live in Scotland where we'll be independent shortly if the general populous have any sense!

[SplatSpeed]

ViperScot said:

We're dooooomed! Unless you live in Scotland where we'll be independent shortly if the general populous have any sense!

better do it soon or you will get a percentage of our debt

[dealmaker]

Under new labia we'll soon be £1 Trillion in debt - per capita, and based on our abilty to "repay" - we are in an even worse position than the USA.

[speedy_thrills]

America isn't bankrupt but they could not meet their healthcare obligations if those policies where extended into the future.

[richyb]

I think the st is yet to hit the fan. What we've seen so far is just a taster. The downward cycle of job losses meaning less consumer spending/confidence meaning more job losses and so on. I think its going to be a rough 5 years.

[NoelWatson]

http://blogs.telegraph.co.uk/ambrose_evans-pritcha...

[richyb]

Do you reckon I should cash in the premium bonds and put the cash under the mattress yet?

[cymtriks]

Jasandjules said:

And the UK is morally bankrupt, and soon to be financially bankrupt too (and that's before the PFI deals go on balance sheet as well).

What are PFIs and why are they so bad?

[SplatSpeed]

cymtriks said:

Jasandjules said:

And the UK is morally bankrupt, and soon to be financially bankrupt too (and that's before the PFI deals go on balance sheet as well).

What are PFIs and why are they so bad?

they are toxic finance agreements designed to ruin your kids future without increasing the national debt

PFI companys give you a nice shiney new school and take your first born in exchange for the white slave trade!

[Landlord]

Chaps - this place (PH) is becoming more and more like the Daily Mail everyday. Stop with the histrionics. There's not a lot you can do about it at the moment and spouting off about how terrible things are just perpetuates a feeling of malaise. If you must post about it, post financial prudence and advice but don't dress it up with vitriolic scare-mongering.

[SplatSpeed]

Landlord said:

Chaps - this place (PH) is becoming more and more like the Daily Mail everyday. Stop with the histrionics. There's not a lot you can do about it at the moment and spouting off about how terrible things are just perpetuates a feeling of malaise. If you must post about it, post financial prudence and advice but don't dress it up with vitriolic scare-mongering.

Sorry are we affecting property values and rental prices??

[Landlord]

SplatSpeed said:

Landlord said:

Chaps - this place (PH) is becoming more and more like the Daily Mail everyday. Stop with the histrionics. There's not a lot you can do about it at the moment and spouting off about how terrible things are just perpetuates a feeling of malaise. If you must post about it, post financial prudence and advice but don't dress it up with vitriolic scare-mongering.

Sorry are we affecting property values and rental prices??

Wrong kind of Landlord, chap.

[SplatSpeed]

Landlord said:

SplatSpeed said:

Landlord said:

Chaps - this place (PH) is becoming more and more like the Daily Mail everyday. Stop with the histrionics. There's not a lot you can do about it at the moment and spouting off about how terrible things are just perpetuates a feeling of malaise. If you must post about it, post financial prudence and advice but don't dress it up with vitriolic scare-mongering.

Sorry are we affecting property values and rental prices??

Wrong kind of Landlord, chap.

so how do you feel on the increase in alcohol duty, you do realise the idea is to have all pubs government owned?

How many pubs a week are going to the wall taxed to death?

[sb-1]

Landlord said:

SplatSpeed said:

Landlord said:

Chaps - this place (PH) is becoming more and more like the Daily Mail everyday. Stop with the histrionics. There's not a lot you can do about it at the moment and spouting off about how terrible things are just perpetuates a feeling of malaise. If you must post about it, post financial prudence and advice but don't dress it up with vitriolic scare-mongering.

Sorry are we affecting property values and rental prices??

Wrong kind of Landlord, chap.

Your pub looks nice mate....pity I'm not nearer.;)

[Landlord]

sb-1 said:

Landlord said:

SplatSpeed said:

Landlord said:

Chaps - this place (PH) is becoming more and more like the Daily Mail everyday. Stop with the histrionics. There's not a lot you can do about it at the moment and spouting off about how terrible things are just perpetuates a feeling of malaise. If you must post about it, post financial prudence and advice but don't dress it up with vitriolic scare-mongering.

Sorry are we affecting property values and rental prices??

Wrong kind of Landlord, chap.

Your pub looks nice mate....pity I'm not nearer.;)

Thank you! Yes, it is a shame.

[anonymous-user]

I think you'll find the US figure is almost 9 trillion - not 1!