BS: 102 Trillion in Debt in the UK

Subject: RE: BS: 102 Trillion in Debt in the UK
From: The Barden of England
Date: 29 Apr 09 - 02:19 PM

Thanks Joe - I've been offline due to computer breakdown. I was going to PM you, but you've done the right and honourable thing in my view. Thanks once again.
John Barden

Subject: RE: BS: 102 Trillion in Debt in the UK
From: bubblyrat
Date: 26 Apr 09 - 06:34 AM

All the Government has to do is legalise pot,and tax it like cigarettes, and we'd be solvent again in a matter of months.I don't use it ( or coke or heroin) myself, but obviously LOTS of people do,and the authorities can't prevent it,so why not turn the situation to financial advantage ?? Because nobody in our government has got the INTELLIGENCE, that's why !!!

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I deleted the last several messages in this thread, mostly a battle between a member and a drive-by Guest. Please make an attempt at being civil. If somebody gets nasty, let Max or Mick or me know about it instead of challenging the cad to a duel. Thanks.
-Joe Offer-

Subject: RE: BS: 102 Trillion in Debt in the UK
From: GUEST,Guest from Sanity
Date: 25 Apr 09 - 10:23 PM

(pocket) CHANGE you can believe in!...if you have it in your pocket, and you can count it, well, there's your 'CHANGE'!

Subject: RE: BS: 102 Trillion in Debt in the UK
From: Donuel
Date: 25 Apr 09 - 06:21 PM

You can count out loud to a million 3.6 days.
You can count to a billion in 11 years
You can count to a trillion in ~ 32,000 years. If you went back that far in time you could talk to a Neanderthal.

Subject: RE: BS: 102 Trillion in Debt in the UK
From: Donuel
Date: 25 Apr 09 - 05:56 PM

That number does not compute.

This could only be if it is honoring 100% of all bets made on credit that is compunded daily.

There is less than $100 trillion dollars of Real Estate value in the entire world.

Subject: RE: BS: 102 Trillion in Debt in the UK
From: Bonzo3legs
Date: 25 Apr 09 - 03:31 PM

What they should have introduced is a £20,000 tax for each immigrant, backdated for 5 years!!!

Subject: RE: BS: 102 Trillion in Debt in the UK
From: DMcG
Date: 25 Apr 09 - 04:43 AM

Well, yes, dearer beer. It's up 1p a pint, so if you drink 100 pints a month it will cost you a pound. Petrol has gone up 2p a litre, or roughly 2%. That will vary a lot by household, but we spend around £100 a month, so that's another £2. In any case the change in petrol price is well within the normal fluctuations over the past few years. So for us the total tax hike is probably £2.50 a month at most.

In short, however much people get worked up about these tax rises (and I accept it may be different for smokers), the effect is minute compared with council tax changes, electricity, gas, food price rises ...

Subject: RE: BS: 102 Trillion in Debt in the UK
From: fumblefingers
Date: 25 Apr 09 - 12:29 AM

Dearer fags and beer, what else was in the budget?

Subject: RE: BS: 102 Trillion in Debt in the UK
From: Peace
Date: 24 Apr 09 - 12:18 PM

They mean this crunch?

Subject: RE: BS: 102 Trillion in Debt in the UK
From: Bonzo3legs
Date: 24 Apr 09 - 11:50 AM

I can't make up my mind who looked the bigger wanker during the budget speech!

Subject: RE: BS: 102 Trillion in Debt in the UK
From: Rapparee
Date: 24 Apr 09 - 08:39 AM

They really should specify which crunch they mean. Consumer credit? Bank to bank credit? Business credit?

Subject: RE: BS: 102 Trillion in Debt in the UK
From: jonm
Date: 24 Apr 09 - 03:05 AM

So here we are in the middle of a "credit crunch" caused by banks lending money to people who couldn't repay, and the Government's way out is to borrow money they cannot afford to repay!

BTW, loads of people in the media refer to "a" credit crunch, despite the term being recently coined - why not "the" credit crunch?

Subject: RE: BS: 102 Trillion in Debt in the UK
From: Peace
Date: 24 Apr 09 - 03:01 AM

LH, I can even picture a hundred thousand should have read can't. Not the philosopher, the word if you see what I mean. I don't see what I mean myself but it made sense when I started typing this post.

Subject: RE: BS: 102 Trillion in Debt in the UK
From: Peace
Date: 24 Apr 09 - 02:59 AM

1,000,000,000,000. OK. there are about 60,000,000 people in the UK (not counting cats or dogs, canaries or fish). That's 100,000 Quid. That's lots.

LH, I can even picture a hundred thousand.

Subject: RE: BS: 102 Trillion in Debt in the UK
From: Peace
Date: 24 Apr 09 - 02:53 AM

Don't the British trillion mean 10 to the 12th power or a 1 followed by 12 zeros?

Subject: RE: BS: 102 Trillion in Debt in the UK
From: Little Hawk
Date: 23 Apr 09 - 09:17 PM

There's a certain point where you can't even mentally grasp it anymore, and I believe we've reached that point. You know you're there when the country's financial situation has become even worse than the one Chongo usually finds himself in at the end of any given month.

Subject: RE: BS: 102 Trillion in Debt in the UK
From: Rapparee
Date: 23 Apr 09 - 09:01 PM

US trillion = 1,000,000,000,000.

What is the figure given? 102,000,000,000,000? If that's in sterling it's a LOT more than the US debt in USD.

Subject: RE: BS: 102 Trillion in Debt in the UK
From: Lizzie Cornish 1
Date: 23 Apr 09 - 08:10 PM

English Trillion...£s

We come third in the debt charts, the USA are first.

Subject: RE: BS: 102 Trillion in Debt in the UK
From: Q (Frank Staplin)
Date: 23 Apr 09 - 07:54 PM

What, me worry? Give me the page with the pretty dolly!

Subject: RE: BS: 102 Trillion in Debt in the UK
From: pdq
Date: 23 Apr 09 - 06:54 PM

Is that the U.S. "trillion" or the English "trillion".

It makes a big difference.

Subject: BS: 102 Trillion Pounds in Debt in the UK
From: Lizzie Cornish 1
Date: 23 Apr 09 - 06:51 PM

Er...do you think it's time to take to the streets yet, or should we wait until we get to around £100 billion trillion?

It's just that the headline on the London Evening Standard quoted that figure last night and no-one seemed to bat an eyelid!

?