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23 Apr 09 - 06:51 PM (#2617312) Subject: BS: 102 Trillion Pounds in Debt in the UK From: Lizzie Cornish 1 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! ? |
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23 Apr 09 - 06:54 PM (#2617317) Subject: RE: BS: 102 Trillion in Debt in the UK From: pdq Is that the U.S. "trillion" or the English "trillion". It makes a big difference. |
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23 Apr 09 - 07:54 PM (#2617358) Subject: RE: BS: 102 Trillion in Debt in the UK From: Q (Frank Staplin) What, me worry? Give me the page with the pretty dolly! |
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23 Apr 09 - 08:10 PM (#2617372) Subject: RE: BS: 102 Trillion in Debt in the UK From: Lizzie Cornish 1 English Trillion...£s We come third in the debt charts, the USA are first. |
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23 Apr 09 - 09:01 PM (#2617413) Subject: RE: BS: 102 Trillion in Debt in the UK From: Rapparee 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. |
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23 Apr 09 - 09:17 PM (#2617428) Subject: RE: BS: 102 Trillion in Debt in the UK From: Little Hawk 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. |
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24 Apr 09 - 02:53 AM (#2617543) Subject: RE: BS: 102 Trillion in Debt in the UK From: Peace Don't the British trillion mean 10 to the 12th power or a 1 followed by 12 zeros? |
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24 Apr 09 - 02:59 AM (#2617546) Subject: RE: BS: 102 Trillion in Debt in the UK From: Peace 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. |
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24 Apr 09 - 03:01 AM (#2617549) Subject: RE: BS: 102 Trillion in Debt in the UK From: Peace 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. |
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24 Apr 09 - 03:05 AM (#2617551) Subject: RE: BS: 102 Trillion in Debt in the UK From: jonm 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? |
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24 Apr 09 - 08:39 AM (#2617712) Subject: RE: BS: 102 Trillion in Debt in the UK From: Rapparee They really should specify which crunch they mean. Consumer credit? Bank to bank credit? Business credit? |
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24 Apr 09 - 11:50 AM (#2617824) Subject: RE: BS: 102 Trillion in Debt in the UK From: Bonzo3legs I can't make up my mind who looked the bigger wanker during the budget speech! |
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24 Apr 09 - 12:18 PM (#2617855) Subject: RE: BS: 102 Trillion in Debt in the UK From: Peace They mean this crunch? |
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25 Apr 09 - 12:29 AM (#2618323) Subject: RE: BS: 102 Trillion in Debt in the UK From: fumblefingers Dearer fags and beer, what else was in the budget? |
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25 Apr 09 - 04:43 AM (#2618378) Subject: RE: BS: 102 Trillion in Debt in the UK From: DMcG 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 ... |
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25 Apr 09 - 03:31 PM (#2618649) Subject: RE: BS: 102 Trillion in Debt in the UK From: Bonzo3legs What they should have introduced is a £20,000 tax for each immigrant, backdated for 5 years!!! |
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25 Apr 09 - 05:56 PM (#2618734) Subject: RE: BS: 102 Trillion in Debt in the UK From: Donuel 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. |
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25 Apr 09 - 06:21 PM (#2618746) Subject: RE: BS: 102 Trillion in Debt in the UK From: Donuel 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. |
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25 Apr 09 - 10:23 PM (#2618808) Subject: RE: BS: 102 Trillion in Debt in the UK From: GUEST,Guest from Sanity (pocket) CHANGE you can believe in!...if you have it in your pocket, and you can count it, well, there's your 'CHANGE'! |
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26 Apr 09 - 06:34 AM (#2618926) Subject: RE: BS: 102 Trillion in Debt in the UK From: bubblyrat 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 !!!
-Joe Offer- |
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29 Apr 09 - 02:19 PM (#2621368) Subject: RE: BS: 102 Trillion in Debt in the UK From: The Barden of England 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 |