mojomonkey Posted February 5, 2018 Share Posted February 5, 2018 Are there any countries (of a meaningful size) in the world that aren't in debt? Quote Link to comment Share on other sites More sharing options...
pongo Posted February 5, 2018 Share Posted February 5, 2018 1 hour ago, Freggyragh said: Eurozone public debt is awful, currently running at 89.3% of GDP - good job the U.K. never joined the Euro. Mind you, U.K public debt is running at 87.5%, so not a huge difference. It’s worth remembering too that the big countries in Europe also have significant state assets, such as railways and utilities - and their state companies also own a fair bit the U.K.’s. How serious a problem is that? Public debt need not be an issue anyhow thanks to the way in which modern currencies work. A state can create liquidity by simply spending it - and negate any inflationary effect by collecting it back in taxes. The only downside currently is that commercial lenders currently largely collect the profits on money creation. Really the state (ie the public) should benefit. Quote Link to comment Share on other sites More sharing options...
woody2 Posted February 6, 2018 Share Posted February 6, 2018 18 hours ago, Freggyragh said: Eurozone public debt is awful, currently running at 89.3% of GDP - good job the U.K. never joined the Euro. Mind you, U.K public debt is running at 87.5%, so not a huge difference. It’s worth remembering too that the big countries in Europe also have significant state assets, such as railways and utilities - and their state companies also own a fair bit the U.K.’s. How serious a problem is that? and who is one of the biggest investors in europe...... 17 hours ago, pongo said: Public debt need not be an issue anyhow thanks to the way in which modern currencies work. A state can create liquidity by simply spending it - and negate any inflationary effect by collecting it back in taxes. The only downside currently is that commercial lenders currently largely collect the profits on money creation. Really the state (ie the public) should benefit. china? Quote Link to comment Share on other sites More sharing options...
woody2 Posted February 7, 2018 Share Posted February 7, 2018 so now the unelected eu dictators don't want to go through the courts (a court they set up), just sanction the uk on a whim..... and it gets worse- they don't want the uk taking matters to international organisations is this because they know that what they are trying to do is against international law.... #euscum 1 Quote Link to comment Share on other sites More sharing options...
Freggyragh Posted February 7, 2018 Share Posted February 7, 2018 Get used to it. Quote Link to comment Share on other sites More sharing options...
woody2 Posted February 7, 2018 Share Posted February 7, 2018 31 minutes ago, Freggyragh said: Get used to it. the uk doesn't have to because they are leaving #winwin Quote Link to comment Share on other sites More sharing options...
Freggyragh Posted February 7, 2018 Share Posted February 7, 2018 Ouch. The government’s own hand-picked civil servants’ report - and that’s pretending there isn’t a border in Ireland and that there’s a massive dividend for cutting back environmental protections. https://www.theguardian.com/politics/2018/feb/07/brexit-north-east-west-midlands-hardest-secret-analysis Quote Link to comment Share on other sites More sharing options...
woody2 Posted February 7, 2018 Share Posted February 7, 2018 1 hour ago, Freggyragh said: Ouch. The government’s own hand-picked civil servants’ report - and that’s pretending there isn’t a border in Ireland and that there’s a massive dividend for cutting back environmental protections. https://www.theguardian.com/politics/2018/feb/07/brexit-north-east-west-midlands-hardest-secret-analysis the same one's behind project fear, the same one's that said ww3 would start just for voting to leave...... #fakenews Quote Link to comment Share on other sites More sharing options...
Freggyragh Posted February 8, 2018 Share Posted February 8, 2018 Bloody Project Fear, now they’ve gone and got the Japanese Ambassador onboard. Quote Link to comment Share on other sites More sharing options...
woolley Posted February 8, 2018 Share Posted February 8, 2018 They are all cut from the same cloth. They don't like the tide turning against them and their carefully planned world orthodoxy. Quote Link to comment Share on other sites More sharing options...
woody2 Posted February 9, 2018 Share Posted February 9, 2018 8 hours ago, Freggyragh said: Bloody Project Fear, now they’ve gone and got the Japanese Ambassador onboard. must be time to shut down schools,university's, nhs, public transport, wales, northern ireland,scotland and local councils..... Quote Link to comment Share on other sites More sharing options...
woody2 Posted February 9, 2018 Share Posted February 9, 2018 Mr Davis said: "Every single financial or economic forecast related to Brexit has proven wrong so far, massively wrong - all on the same side, all underestimating the progress of the economy. " Quote Link to comment Share on other sites More sharing options...
RIchard Britten Posted February 9, 2018 Share Posted February 9, 2018 8 hours ago, woolley said: They are all cut from the same cloth. They don't like the tide turning against them and their carefully planned world orthodoxy. If it was so careful planned...why are we in Brexit now? Quote Link to comment Share on other sites More sharing options...
quilp Posted February 9, 2018 Share Posted February 9, 2018 Because... 2 Quote Link to comment Share on other sites More sharing options...
RIchard Britten Posted February 9, 2018 Share Posted February 9, 2018 4 minutes ago, quilp said: Because... The irony of using that quote in reference to Brexit made my day. Quote Link to comment Share on other sites More sharing options...
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