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comrade Brown bankrupting Britains

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    #11
    Originally posted by TimberWolf View Post
    They went bust last week. They only sold cheap and nasty stuff anyway


    they can treat Dyslexia these days
    Let us not forget EU open doors immigration benefits IT contractors more than anyone

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      #12
      Can someone confirm my understanding of this?

      1. The government is in shedloads of debt.
      2. The government wants to borrow a shedload more in order to get out of debt.
      3. Potential lenders think this is daft.
      4. The government has to raise yields to attract lenders.
      5. The government debts increase because of the higher interest.

      If I've got it right, it's a sort of debt spiral, isn't it.

      What happens with all these extra debts when we are still running a big deficit?

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        #13
        Originally posted by Doggy Styles View Post
        Can someone confirm my understanding of this?

        1. The government is in shedloads of debt.
        2. The government wants to borrow a shedload more in order to get out of debt.
        3. Potential lenders think this is daft.
        4. The government has to raise yields to attract lenders.
        5. The government debts increase because of the higher interest.

        If I've got it right, it's a sort of debt spiral, isn't it.

        What happens with all these extra debts when we are still running a big deficit?
        Have you been reading "How to run a Labour government in 5 easy steps"?
        First Law of Contracting: Only the strong survive

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          #14
          Originally posted by _V_ View Post
          Have you been reading "How to run a Labour government in 5 easy steps"?
          Blair did it in 3 steps:

          1. Drive the country as if in a demolition derby.
          2. Just before the wheels come off, hand over to a Scottish numpty who'd kill for the chance to sit behind the wheel, no matter what.
          3. Try for president of Europe, after a few years of flogging the book-n-lecture circuits.

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            #15
            Originally posted by Doggy Styles View Post

            What happens with all these extra debts when we are still running a big deficit?
            They get bigger.
            ‎"See, you think I give a tulip. Wrong. In fact, while you talk, I'm thinking; How can I give less of a tulip? That's why I look interested."

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              #16
              Originally posted by Bob Dalek View Post
              hand over to a Scottish numpty who'd kill for the chance to sit behind the wheel, no matter what.
              It's payback for 700 years of oppression. Agent Brown's job is nearly done.

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                #17
                Originally posted by minestrone View Post
                It's payback for 700 years of oppression. Agent Brown's job is nearly done.
                300.

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                  #18
                  Originally posted by expat View Post
                  300.
                  I'm going all the way back.

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                    #19
                    Originally posted by minestrone View Post
                    I'm going all the way back.
                    I see, you're including when the Scots were doing the oppressing as well.

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                      #20
                      Originally posted by minestrone View Post
                      I'm going all the way back.
                      Please give a big round of applause to today’s guest history lecturer; Mr Mel Gibson!
                      And what exactly is wrong with an "ad hominem" argument? Dodgy Agent, 16-5-2014

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