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George Osborne: UK has run out of money

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posted on Feb, 27 2012 @ 06:36 AM
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reply to post by stumason
 


Plus i heard a conspiracy, labour opened the gates to foreigners as they knew they'd vote labour.




posted on Feb, 27 2012 @ 06:36 AM
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The answer is austerity.

The whole world is being moved into an 'austerity' exsistence.

There is a very good reason for this.



posted on Feb, 27 2012 @ 06:41 AM
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reply to post by n00bUK
 


I've just had to sign up to best training, they said don't worry we're nothing to do with a2e, 2 years i'm with them, should i be worried?
I just want to start my own business, and get off this benefit trap.



posted on Feb, 27 2012 @ 07:04 AM
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Originally posted by goinglocodowninacapulco
reply to post by stumason
 


Plus i heard a conspiracy, labour opened the gates to foreigners as they knew they'd vote labour.


It's not a conspiracy at all. Jack Straw and others are on record for saying in the early years of this century, Labour had a social engineering agenda.

www.telegraph.co.uk...

www.bbc.co.uk...



posted on Feb, 27 2012 @ 07:09 AM
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Originally posted by Tea4One
We've already tried some austerity measures hence the ridiculous amount of unemployed we have here. Hyper-inflation seems to be the only way we can go, even though it won't work. Capitalism is a sinking ship, the people just haven't realised it yet.


I agree. Capitalism is dead. All the major players are bankrupt.



posted on Feb, 27 2012 @ 07:29 AM
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It's not so much the fault of capitalism per se but the way in which it was run. But isn't that always the case. Socialism is no better. The ones at the top screw the ones at the bottom.
It will be interesting to see if the usual town hall junketing and shenanigans continue while much needed care services are cut in the community around them.

edit on 27-2-2012 by starchild10 because: (no reason given)



posted on Feb, 27 2012 @ 07:45 AM
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reply to post by stumason
 


In relation to figures in the history of the UK our unemployment figures aren't too good. I agree but Labour are just as bad as conservatives, albeit in different ways.



posted on Feb, 27 2012 @ 08:16 AM
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reply to post by Tea4One
 


Granted, they aren't great but compared to other nations we're doing alright and historically, we've managed to weather a storm when compared to previous economic downturns:




posted on Feb, 27 2012 @ 08:20 AM
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This is the usual patter we get subjected to before getting raped in the ass by the budget every year.
Rioting will probably commence in summer when our rickets is relived by a bit of sun and probably afternoon once we've digested our daily 25p Asda pot noodle.



posted on Feb, 27 2012 @ 08:21 AM
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The thing is and this has been said on many occassions, the colour changes ie red for labour, blue for tory but the policies overall never change. We still give money out we can ill afford and to countries that have their own space program, ffs, if they can afford a space program they dont need our money. I hate this self hating we in the UK (normally government ) have over our colonial past. It's in the past, get over it.

Yes it has been well documented that the left tried social engineering just to urinate off the right, and look where thats gotten us.



posted on Feb, 27 2012 @ 01:27 PM
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Brits don't understand that creating more bankers and many printing jobs is not the solution.
Chaina will in soon understand thet they giving you goods for worthless paper .



posted on Feb, 27 2012 @ 01:50 PM
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reply to post by surrealist
 


We spent too much sending that idiot to the Bilderberg meeting a couple of years ago. This is getting boring now, time to remove the bankers as we all know they are the 1's raping the world dry.

Century of the rothchilds is over, they need to go. I wonder if we can get a new manifesto like they want in syria or should we go for a UN backed regime change in banking? oh no we cant i forgot they owned that also.



MONEY IS NOT REAL, IT ONLY HARMS WHEN IT IS ISSUED AS DEBT!. It only has the value that we place uponit.


edit on 27-2-2012 by brommas because: (no reason given)



posted on Feb, 27 2012 @ 01:55 PM
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All depends on what numbers you want to believe, I could massage the numbers enough to give the UK an unemployment rate of 0% I could probably get our debt to GDP and make it a proffit. Fudging numbers is a pretty routine thing for parties to do.

The reality is the UK is close to 500% in debt to its GDP we are in fact on par with Japan as being the most indebted country on the planet, we are light years ahead of America when it comes to debt.

However, London, being the financial center of the Universe, somehow is able to withstand this sort of debt, not indefinitely of course, but then, thats why we needed the tories in place. We all accept tories will make cuts, it what were programmed to think they are going to do, and they do it. Labour doing this would cause too much confusion and require immediate citizen reprogramming.



posted on Feb, 27 2012 @ 02:00 PM
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So...

“The British Government has run out of money because all the money was spent in the good years,” the Chancellor said

...now it is well known the tories have blamed the last goverment for everything, so is this an admittance that Labour spent all the money BUT that they were "good years" in which he must then also have to admit that Labour governed "good years"

Priceless



posted on Feb, 27 2012 @ 02:12 PM
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There are lots of ideas how to reduce unemployment data.Thise graph proofs nothing .For example in mine county (Poland) ,goverment reduces nomber of unemploiment offices .Thanks to that move unemployment drops of 3% ,adding the 4% gorw of lreal lost jobs ,make only 1% unemloyment more on the graph

There are more then 30% peolpe with no jobs in mine country !!! and it is no diffrend acros EUROPE.



posted on Feb, 28 2012 @ 04:24 PM
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Originally posted by Ixtab
All depends on what numbers you want to believe, I could massage the numbers enough to give the UK an unemployment rate of 0% I could probably get our debt to GDP and make it a proffit.


Go on then! The unemployment figures are quite transparent, unlike in the US where once the unemployment benefit times out, they stop being counted.


Originally posted by Ixtab
The reality is the UK is close to 500% in debt to its GDP we are in fact on par with Japan as being the most indebted country on the planet, we are light years ahead of America when it comes to debt.


No, it isn't 500%. Government debt is around 70% GDP, much less than Japan, Germany, France and only slightly higher than the US. What you're "quoting" is figures that include private debt held by citizens, in which case we are eclipsed by the likes of the US, but isn't debt that has any affect on Government bonds, their rating or the national debt overall.


Originally posted by Mister_Bit
...now it is well known the tories have blamed the last goverment for everything, so is this an admittance that Labour spent all the money BUT that they were "good years" in which he must then also have to admit that Labour governed "good years"


The "good years" actually started before Labour took over as a result of Tory economic reforms which led them to leave Government in 1997 with a budget surplus. Labour then managed, over the course of 10 years, to spend and spend to a point where the surplus vanished and we started running deficits. Brown saw no issue with this, as he assumed he had fixed the "boom bust cycle" and declared so, funnily enough, in 2007 just weeks before the crash happened, showing he clearly had no grasp on the situation either then or during his tenure as Chancellor.



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