Britain is bankrupt
We are now officially a third world country. Predictions are that the national debt is set to rise to £1.4 trillion. And, "the Treasury expects to be paying out £63 billion on interest payments on the national debt".
What I would like to know is, how much of this £63 billion of taxpayers money will be going to banks which our government has already bailed out with grants of taxpayers money?
Given our third world status, shouldn't the International Monetary Fund be writing off our £1.4 trillion debt?
A mixture of law, politics, autobiography and humour. Once described as "The Devilish Advocate" (Guardian), I do have the ability to provoke a response. Sometimes it comes from someone who uses a thought process, and sometimes from jerks usually associated with the knee.
Hi John
ReplyDeleteI would say that on top of being bakrupt Britain is corrupt to the bone marrow.....