Angelo Agathangelou: With our current population estimated at 64.1 million that means the government has wasted approximately £21,850.00 per man woman and child (beyond it's huge tax income) or Over £47,000 of debt for every working adult in the UK, in their effort to bolster the banksters, destroy the UK family, destroy the middle class and warmonger around the world. Bravo! Can you say, ..."debt jubilee"?
By Mehreen Khan: As the UK's debt and deficit figures undergo yet another revision, what's really going on with our public finances?
By Mehreen Khan: As the UK's debt and deficit figures undergo yet another revision, what's really going on with our public finances?
The Office for National Statistics (ONS) has changed the way it measures our public finances, throwing fresh light on the precise state of the nation's coffers.
The latest revisions help bring the UK in line with the moronic European accounting standards, but they don't make great reading for the Chancellor.
According to the figures, Britain's debt mountain is £127 billion bigger that we first thought.
To provide some context, that's more than the government's annual budget for education and housing put together.
In total, the government (you and I) owes it's creditors (the banksters) £1.4 trillion as of this year.
Public sector borrowing - the difference between what the government earns in revenues and what it spends and invests - has also jumped. The ONS now thinks borrowing is around £99 billion, £5 billion higher than previously calculated (see left).
Edited by WD
Source
In total, the government (you and I) owes it's creditors (the banksters) £1.4 trillion as of this year.
Public sector borrowing - the difference between what the government earns in revenues and what it spends and invests - has also jumped. The ONS now thinks borrowing is around £99 billion, £5 billion higher than previously calculated (see left).Edited by WD
Source
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