The End of Britain. Must see documentary!

They are not blaming the welfare entirely and by welfare i mean free schooling, medicine, medical care pensions, police, bin men and social security benefits. That was just part of the story that has got us where we are today. lets not forget the armed forces while we are adding totals.

The simple fact is our level of debt far exceeds what our country produces or is worth. every time someone produces a labor saving device or machine a whole bunch of people loose their jobs.

A huge chunk of the total debt is private debt held by people who are working but want stuff they simply can not afford at the time.

One thing the documentary did not mention is the amount the government borrowed to fight the 2nd world war which is not even close to being paid off and increases with interest every day.

reply to post by KBadger



I would agree most would think moving to America would be a trip to the fire however most of them have never had much success here. Despite everything politically tramping Americans you can enjoy a good life here if you play by the rules, push your self to improve, limit your vices, take responsibility for your actions, live within your means and treat people the way you want to be treated. I have never lost faith that the American dream is still possible-as long as you don't wait around for the government to give it to you.

I've always thought the British have a habit of drowning out their problems in a morass of socialism. Tax the rich, feed the poor, until they are, rich no more.

Perhaps Roger Waters put it more bluntly. "have a good drown-as you go down-all alone-dragged down by the stone"

Prey Tell.....How did you "Move" to America KBadger?

I thought to emigrate, you have to have a Million+ $s or some super business idea worth Millions....

I didnt think any ol' Joe could move there on a whim....unless you are Mehican or black....anything but a whitey??

reply to post by starchild10


Warning.. do not come to Australia. Its full of sharks,snakes,spiders crocodiles and other stuff. If you do need to evacuate to Australia, make sure you head to the east coast,much safer there. Thats where we store our paranoid loonies.

gort51
Prey Tell.....How did you "Move" to America KBadger?

I thought to emigrate, you have to have a Million+ $s or some super business idea worth Millions....

I didnt think any ol' Joe could move there on a whim....unless you are Mehican or black....anything but a whitey??

edit on 29-11-2013 by gort51 because: (no reason given)

Bit of an ignorant comment, and where there's a will there's always a way.

reply to post by spooky24


I wholeheartedly agree. I moved, like others away from the UK around 5 years ago after my wife died. Set up in Ireland with my 3 young kids.
Don't regret anything, and Ireland is in a pretty bad shape too, if not worse. People here are used to having feck all in the days before the Tiger, and seem to adjust better. Sure we are all broke but there's always a song to be had or a get together. People grow more here, they barter more and identify ways to get a tiny advantage and turn a crappy situation into a slightly better one. Place is still so far up the EU's arse, but we get on with it.

I'm afraid with the time of year it is, personal debt is just going to rise as people buy crap they don't need with money they don't have to impress people they don't like.

You're right, Roger Waters had a knack of telling it how it is:

"Harmlessly passing your time in the grassland away
Only dimly aware of a certain unease in the air"

"You better stay home
And do as you're told
Get out of the road if you want to grow old"

reply to post by PhoenixOD


Great documentary from a credible source thanks for posting Phoenix
It echo's the warning given by a host of experts over the pond at marketwatch.com .
Doomsday Poll: 87% Risk of Stock Crash by Year-End Worse Plunge than 2008

And coincides with this report published today on the BBC website .
UK household debt hits record high

I was a kid in the Seventies and remember the blackouts and the winter of discontent and can see the parallels with today .The odd thing is I don't fear it , quite the opposite I look forward to it as I think it will be the catalyst for real change and hopefully bring forth a revolution in this once great country ... it's time to take the power back

reply to post by KBadger

I'm English born and bred, I left there five years ago. Best thing I ever did. It really is a depressing, miserable and violent place.

Sure the UK can be a miserable and depressing place - it's certainly got it's fair share of problems - but I wouldn't necessarily say it's considerably worse than any comparable nation.

It could, and should, be a damn sight better - I guess it's up to those of us who choose to remain here to try to make it a better place.

I love England for better or for worse! However I have thought of moving to another area, not too far away. The reason being all the greedy landowners are flogging off their land to the developers and new houses are popping up everywhere. There is no infrastructure. The roads are clogged up. Lots of road rage and the whole atmosphere has changed. What puzzles me is that people only seem to stay in these new build #ty little, same ol ...same ol' houses for 5 minutes and then a for sale sign goes up! It is like a sausage factory!! I just don't get it!!




hx

reply to post by PhoenixOD


o.k......

This is with out a doubt the worst way to advertise your magazine... anyone whom has a shred of intelligence can see that this is all about selling magazines....

The penny drops at minute 32 where they say we will all loose a lot of money and you can't trust any publication but look you can trust us.... We got it right here and here so buy our magazine to learn how to avoid loosing lots of money....

I can tell anyone whom is reading this how to save some money...

Don't buy the magazine...

After seeing this I will tell everyone that knows about money and math to avoid this magazine!!

It's advertising like this that the regulators need to be all over, absolutely atrocious.

Korg.

reply to post by Korg Trinity


They have made a lot of predictions over the last 10 years that turned out to be right, they were trying to sell magazines then as well. Its their business to sell those predictions and they have a very good track record. If they were an unknown company i would agree with you but looking at their history id say they are worth listening to.