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[b]In The Know wrote:[/b] [quote][b]Spee wrote:[/b] [quote]OBR confirms today that our National Debt is £1,683 billion - so Brexit may be the least of our worries. We are just borrowing more every month to pay our bills - a further £92 billion last month! And the Debt is expected to 'deteriorate' further during the final two months of this financial year. The Tories have now borrowed more, during their current innings, than ALL Labour governments in history - combined. More austerity looms...[/quote] Yes - quite shocking just [b]how much debt Labour left us with[/b] (remember the note left by the Chief Secretary to the Treasury? "There's no money left" !) Meanwhile ... Greece starves - http://www.express.co.uk/news/world/770016/Greece-poverty-Eurostat-bailout-EU-IMF-Alexis-Tsipras Remember also that the Greek Finance Minister - who brought all this about, by encouraging the Greeks to refuse to pay - is now "advisor" to Loony-In-Chief Jeremy Fruitcake ![/quote]
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By Elections
Max. showing the last 5 posts -
(Last post first)
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ITK aka Professor Higgins
Spee wrote:
that our tax revenues have been long insufficient to cover our outgoings.
Largely because of the c£50 billion we have to pay, annually, on the Debt.
My God !
I think he's got it !
(only took about 2 years !)
Spee
Still no facts to dispute - or links to evidence your stance.
Goodbye ITK.
tdf seems to be more circumspect...
In The Know
Spee wrote:
...please quote someone...
EXCEPT yourself ....
.. says the man who quotes himself (in the above post) !!!!
PS Is there an English language version of the above post available ?
Its not just sums that you need to polish up on, is it ???
In The Know
tdf wrote:
France's debt as a % of GDP is higher than the UK's.
... and why ?
Loony Left Wing Socialists (who are very very unpopular, in case you hadn't noticed !
Spee
Our National Debt was about 50% (of GDP) from 1980 to 2015 - when it hit 90%
Not encouraging for the UK which hasn't posted a Budget surplus since the days of Tony Blair
And evidencing - inter alia - that our tax revenues have been long insufficient to cover our outgoings.
Largely because of the c£50 billion we have to pay, annually, on the Debt.
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