It looks like you're using an Ad Blocker.
Please white-list or disable AboveTopSecret.com in your ad-blocking tool.
Some features of ATS will be disabled while you continue to use an ad-blocker.
Because as the chart below shows, if there is anything the global financial system needs, is for the rating agencies, bond vigilantes, and lastly, general public itself, to realize that the UK's consolidated debt (non-financial, financial, government and household) to GDP is... just under 1000%. That's right: the UK debt, when one adds to its more tenable sovereign debt tranche all the other debt carried on UK books (and thus making the transfer of private debt to the public balance sheet impossible), is nearly ten times greater than the country's GDP. To call that "game over" is an insult to game overs everywhere.
Originally posted by jrmcleod
"Britain as a super power has never died...they have always pulled the strings around the globe. They still do today, and will do tomorrow. The US as the global super power was a purpose built nation as a distraction from the "real" global elite who originated and still thrive out of the UK"...
Originally posted by woodwardjnr
reply to post by freethinker123
Exactly ,not really anywhere to go. The Sunday Times headline yesterday was about drawing up plans for evacuating expats in Spain and Portugal, should the Euro collapse. Over a million UK ex pats.