It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Thank you.
Some features of ATS will be disabled while you continue to use an ad-blocker.
originally posted by: Dabrazzo
a reply to: flammadraco
Actually I agree with everything Korg has said on this thread as I'm sure do others.
Again i shall post this link to help you, much like Korg you may need help understanding the debt situation in the UK.
United Kingdom national debt
Now where Korg might have went wrong, and you may also, on the graphs on the right hand side, when the colours go up that means an increase, not a decrease.
originally posted by: Dabrazzo
a reply to: Korg Trinity
Budget and debt to GDP are two entirely different things. This may be helpful reading.
BBC News Knowledge economy
Its a good place to start.
Government Budget is an itemized accounting of the payments received by government (taxes and other fees) and the payments made by government (purchases and transfer payments). A budget deficit occurs when an government spends more money than it takes in. The opposite of a budget deficit is a budget surplus. This page provides - United Kingdom Government Budget - actual values, historical data, forecast, chart, statistics, economic calendar and news. Content for - United Kingdom Government Budget - was last refreshed on Sunday, October 26, 2014.
originally posted by: Dabrazzo
a reply to: Korg Trinity
You do not seem to understand what Debt-to-GDP ratio actualy means.
That is imperative to know before engaging in any discussion about the UK's debt to GDP.
It is a fact the UK's debt to GDP is increasing. If you can provide a source that refutes this, fair enough. I cannot find one, I would like our to debt to GDP to be decreasing but it isnt.
Theres also the matter that it doesnt actualy matter if our economy is increasing because if its the debt that is fueling that increase its pointless. Labour screwed us by doing exactly that.
originally posted by: LeBombDiggity
Keep your money, £1.7 billion is a price well worth paying to be rid of the British.
originally posted by: Dabrazzo
a reply to: Korg Trinity
Yes but none of that changes the fact our debt to GDP is increasing. For whatever reason you said it is the complete opposite?, I find that rather baffling.
And comparative to labour, regardless of what George Osbourne, quite literaly the worst Chancellor in the history of the UK has done, the debt to GDP is far more than at any time under Labour.
So no, I do not understand why you believe the UK debt to GDP is decreasing.
originally posted by: alldaylong
originally posted by: LeBombDiggity
Keep your money, £1.7 billion is a price well worth paying to be rid of the British.
If there is anything YOU can do to speed up our exit from The E.U. then feel free to do so.
One thing i hate more than anything is that British Taxpayers money being paid to French Farmers, to overproduce fruit and vegetables; and then just leave them to rot.
One of the biggest scandals in the E.U. is the amount of subsides paid to French Farmers. The U.K. needs to get out of The E.U. as fast as possible. Hopefully that will be by 2017. Then we can see how the E.U. copes without The U.K's. £8 billion contribution each year.
originally posted by: flammadraco
a reply to: Peeple
We may think we won the Second World War. But we lost. It is no surprise that we are all living in the Fourth Reich.
Knowingly or not those who support and defend the European Union are supporting the Nazi legacy.
It is impossible to find a difference between Hitler's plan for a new United States of Europe, dominated by Germany, and the European Union we have today.
Google "The Fourth Reich" and see what big German corporations said in the days following the end of World War 2, and British Soldiers died to prevent this from happening and we've all handed our sovereign power to Brussels on a platter. IMHO, anyone supporting what the EU stands for should hang their heads in shame that their forefathers fought to prevent this.