FabSwingers.com > Forums > The Lounge > UK only £1,621,324,337,107 in debt
UK only £1,621,324,337,107 in debt
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Am not at all surprised!,we borrow piles of money then travel around the world desperatly trying to give it all away while we ignore our homeless,poor,and the starving!,then next year we have to borrow even more in order to pay it back plus the interest!,you could not even run a corner shop like that could you?. |
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By (user no longer on site)
over a year ago
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"How do you even say that number  "
One trillion, six hundred and twenty-one billion, three hundred and twenty-four million, three hundred and thirty-seven thousand one hundred and seven pounds.
I think. |
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By (user no longer on site) OP
over a year ago
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"How do you even say that number
One trillion, six hundred and twenty-one billion, three hundred and twenty-four million, three hundred and thirty-seven thousand one hundred and seven pounds.
I think. "
That was easy for you too say......  |
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By *atcoupleCouple
over a year ago
Suffolk - East Anglia |
"governments fault, they waste it as they please, they could easily cut spending but as long as they keep spending they are happy. "
OMG! you may have started something with that comment - good luck |
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By *odareyouMan
over a year ago
not far from iceland,,,,,, tescos is nearer though :-) (near leeds) |
"I'm not sure that would even cover the interest on the US debt.  "
According to a well known search engine the US debt is 19.19 trillion dollars .. how many zeros is that ? |
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By *odareyouMan
over a year ago
not far from iceland,,,,,, tescos is nearer though :-) (near leeds) |
If there are 60m folk in the UK... That's £27,022. No wonder my two girls keep asking me for a few £'s 
Or about the same number as the value of shoes the average lady has in her wardrobe.. |
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By (user no longer on site)
over a year ago
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"I heard if you taxed the wealthiest 1% in this country 10% of their worth just once it would clear the countries debt completely.
I'll tell my bro! hes such a tight arsed pomposs git he only brought me teatowels for my 40th.  you bro.  xxx
You can never have enough tea towels...  "
I was very pleased with my teatowels. They have got beachhuts and boats on them. Xxx |
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By (user no longer on site) OP
over a year ago
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"I heard if you taxed the wealthiest 1% in this country 10% of their worth just once it would clear the countries debt completely.
I'll tell my bro! hes such a tight arsed pomposs git he only brought me teatowels for my 40th. you bro. xxx
You can never have enough tea towels...
I was very pleased with my teatowels. They have got beachhuts and boats on them. Xxx"
Awwwwww nautical themes are my favourites ....... |
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By (user no longer on site)
over a year ago
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"I'm not sure that would even cover the interest on the US debt.
According to a well known search engine the US debt is 19.19 trillion dollars .. how many zeros is that ?"
Too many.  |
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"Who is it owed to???
People
Bloody people! "
A large chunk to the Bank of England - who may decide at some point in the future once the markets are calm to write it off (as they just printed it in the first place)
And it could be worse this isn't even half of what we were in debt at the start of the 1950s (relative to GDP ) |
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"If there are 60m folk in the UK... That's £27,022. No wonder my two girls keep asking me for a few £'s
Or about the same number as the value of shoes the average lady has in her wardrobe.."
im glad you did that my brain wouldnt let me. So the nati al debt per person is a lot less than some peoples personal debt.
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"If there are 60m folk in the UK... That's £27,022. No wonder my two girls keep asking me for a few £'s
Or about the same number as the value of shoes the average lady has in her wardrobe.."
But you have knock off:
Pensioners
Children
Unemployed
Cant work through disability
Any govt employee as its govt debt
Prisoners
That leaves £53,245,000 each |
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By (user no longer on site) OP
over a year ago
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"Hang on, better add another £360m to that. The Queen needs Buckingham Palace tarted up! "
There is plan in place to cover those costs........
polished corgi turds will soon be available in the palace gift shop......
Good value at only £19.99 each ...... or 10% discount for bulk purchases
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By (user no longer on site)
over a year ago
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"Hang on, better add another £360m to that. The Queen needs Buckingham Palace tarted up! "
That's a drop in the ocean compared to the houses of parliament...and we aren't forking out really...she is just keeping back 10% more from what she pays in to the treasury.. |
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By (user no longer on site)
over a year ago
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"I heard if you taxed the wealthiest 1% in this country 10% of their worth just once it would clear the countries debt completely.
I'll tell my bro! hes such a tight arsed pomposs git he only brought me teatowels for my 40th. you bro. xxx
You can never have enough tea towels...
I was very pleased with my teatowels. They have got beachhuts and boats on them. Xxx
Awwwwww nautical themes are my favourites ....... "
You would love my flat then.  xxx |
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By (user no longer on site) OP
over a year ago
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"I heard if you taxed the wealthiest 1% in this country 10% of their worth just once it would clear the countries debt completely.
I'll tell my bro! hes such a tight arsed pomposs git he only brought me teatowels for my 40th. you bro. xxx
You can never have enough tea towels...
I was very pleased with my teatowels. They have got beachhuts and boats on them. Xxx
Awwwwww nautical themes are my favourites .......
You would love my flat then. xxx"
Do you collect seaglass ...... it's really purty....
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"Hello madam, are you great britain?"
"No, great britain isn't here, great britain moved out about 3 months ago, who are you?"
"We're high court enforcement officers madam, my nam's steve pinner, we're here to see great britain"
"Well like i said, great britain isn't here"
"Who are you madam?"
"Theresa"
"Theresa who?"
"I'm not telling you, it's none of your business"
"Do you have any i.d madam"
"No, i don't think so, i have this letter from the treasury, but it hasn't got my name on it"
"Ok madam, well i think you are great britain, we're here with a high court writ and we really need get on this eviction."
"I'm sorry, i am great britain, i thought i had more time (sob)."
"Don't get upset madam, we're just doing our job, do you have any americans or europeans you can call?"
"I don't think so, maybe i don't know"
"Well you must get yourself down to the i.m.f before 4 pm, so they can help you."
Next weeks can't pay, we'll take it away is looking quite interesting. |
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"Who is it owed to???"
The British Government's debt is owned by a wide variety of investors, most notably pension funds. These funds are on deposit, mainly in the form of Treasury bonds at the Bank of England.
The pension funds, therefore, have an asset which has to be offset by a liability, or a debt, of the government.
As of 2011 around 35% of the national debt was owed to overseas governments and investors.
.
https://en.wikipedia.org/wiki/United_Kingdom_national_debt#The_national_debt_today |
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