So you know better than the world bank?personal. Debt. Is. Not. Like. National. Debt.
Also LOL at “77%” as if you’ve got a figure that exact.
OK. How about your take on government debt? Is it good that 5% of the whole budget goes on interest alone on the present debt?
Is it good that we stand at 81% of GDP when the internationally recognised amount manageable is 77% and Labour have promised to spend hundreds of billions?
What do you know to show the experts wrong? Found this for you.
What the Debt-to-GDP Ratio Tells Us
Will put a paragraph of it here for you so you can see it.
A study by the World Bank found that countries whose debt-to-GDP ratios exceeds 77% for prolonged periods, experience significant slowdowns in economic growth. Pointedly: every percentage point of debt above this level costs countries 1.7% in economic growth. This phenomenon is even more pronounced in emerging markets, where each additional percentage point of debt over 64%, annually slows growth by 2%.
It's semantics.
Fair play Boris, dunno how many more times he needs to say it
Can you remind me what kind if economy did the Tories take over? What would the national debt be like if there hadn't been cuts? And before you start I don't agree with all the cuts.Latest figures available in June 2019 (as per the ONS) show us to actually be at 84% debt-to-GDP ratio. Why is it you’re acting as though the Tories haven’t announced spending plans of their own? Since 2010 they’ve seen government borrowing increase from around 60% to 84%, all the while slashing budgets all over the shop, and this is the party you keep telling us are financially responsible and clean up after Labour. It’s bullshit, frankly.
Whatever gets the pork pies to America fastest!!!!
They make a good pair. Neither respected or believed by the public but somehow run their countries. The world is becoming a mess.Well Trump and Johnson are the two biggest pork pie salesmen in the world right now.
Trustworthiness: Corbyn 48 Johnson 38
In touch with ordinary people: Corbyn 57 Johnson 29
Likeability: Corbyn 36 Johnson 55
Overall performance: Statistical tie
In other words fatty cracking off jokes matters more than honesty and relating to the average person.
The problem is neither of them have much opposition.They could just be cracking off and their fanclubs would still vote for them!
If you go into a hospital you will see most people are not old.
Boris is a blundering, mixed up so and so....but someone is pulling his strings.
OK. How about your take on government debt? Is it good that 5% of the whole budget goes on interest alone on the present debt?
Is it good that we stand at 81% of GDP when the internationally recognised amount manageable is 77% and Labour have promised to spend hundreds of billions?
What do you know to show the experts wrong? Found this for you.
What the Debt-to-GDP Ratio Tells Us
Will put a paragraph of it here for you so you can see it.
A study by the World Bank found that countries whose debt-to-GDP ratios exceeds 77% for prolonged periods, experience significant slowdowns in economic growth. Pointedly: every percentage point of debt above this level costs countries 1.7% in economic growth. This phenomenon is even more pronounced in emerging markets, where each additional percentage point of debt over 64%, annually slows growth by 2%.
Fair play Boris, dunno how many more times he needs to say it
He’s not even standing as an mp. Populist shysterShame Farage isn’t doing better tbh, he’d be the best leader out of all of them....
would be a pointless vote as the polls suggest the brexit party are doing shite
There are more food banks than McDonalds in the UK.
Another Tory masterclass....
You and the dullard who made the meme don't understand PFI (the Tory designed system).
The worst thing New Labour did was embrace PFI but they did it to appease the ridiculous right wing press obsessed with keeping public spending down, as by its nature PFI stays off the treasury balance sheet.
And Germany helps even more people than the UK does. So what is going on?There are more food banks than McDonalds in the UK.
Another Tory masterclass....
Neoliberalism - it’s shit.And Germany helps even more people than the UK does. So what is going on?
High debt isn't good for anyone or anything. As I said we are having to pay 48 billion a year in interest alone. That miney comes out of the budget that pays for everything. So £1 out of every £20 to run all services and everything else goes to paying interest. How many hospitals would 48 billion pay for?It's the equivalent of the gearing ratio in business analysis and the acceptable level changes over time dependent on what you can borrow at and also has an upward trend due to perception and availability of debt.
In years gone by people looked upon debt in any form as a terrible thing (maybe partly due to strong religious beliefs). That has steadily changed with people accepting debt for mortgages due to the capital investment making it worthwhile but this has since skyrocketed and now people use debt to pay for everyday things and the availability has also gone through the roof, first with loans, then credit cards, then payday lenders. It used to be needing to meet your bank manager and assessing what the debt was for etc, now it's a few clicks of a button and an algorithm.
That's personal debt, but it's worth remembering that the people who benefited from this are now those in charge and their perception of debt has been altered by it so when it comes to making decisions on acceptable debt levels to GDP their going to look at it far more favourably than their forebears ever would.
Or, as with the Labour Party...It's semantics.
Ah yes accusing him of being racist, typical leftie behaviour..... my dad is foreign and I’m half polish yet I still think he’s the best candidate.... just no point in voting for them sadly
High debt isn't good for anyone or anything. As I said we are having to pay 48 billion a year in interest alone. That miney comes out of the budget that pays for everything. So £1 out of every £20 to run all services and everything else goes to paying interest. How many hospitals would 48 billion pay for?
Three more Conservative candidates in trouble for anti-semitism, think thats five now not including Johnson's anit-semitic novel.
Tories investigate three candidates over alleged antisemitism
Investigate? What happened to out first bounce?Three more Conservative candidates in trouble for anti-semitism, think thats five now not including Johnson's anit-semitic novel.
Tories investigate three candidates over alleged antisemitism
Investigate? What happened to out first bounce?
10k car loan is good?No it isn't, the point is that was is considered 'high debt' changes over time. Also what is an acceptable level depends on what you're spending on - if it's day-to-day spending then IMO any deficit is bad, infrastructure and investment far more acceptable and in cases of recession etc should even be encouraged to a degree..
Like getting a £10k loan for a car to help you with work rather than a £10k loan for a holiday of a lifetime.
C*nts. That makes me so angry.Hope none of you Tory voters have disabled kids or have any mates with disabled kids
10k car loan is good?
And here you have it. Everyone has a different idea on what is good and what is bad.
My car cost me 3k. It was up for more but cash under their nose was too much to resist. Is now 11 years old. Never had a problem. Never failed an MOT. Cheap to run for the size. Could have bought a new one for about 30k though.
So what better could a 10k car do?
well I guess even investigating would be unique from a labour perspective
Oh, you need to get the browser I have I think. What browser are you using?Will this thread be locked 24 hours before the 12th so there’s no more please
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