Joe1888 672 Posted December 29, 2014 Report Share Posted December 29, 2014 Before i continue, am no expert, i seen this and it got me thinking, i know theres some members on here clued up on this stuff.. We keep hearing how the british economy is recovering so well, better than others etc etc.. London city traders are saying protect what you have, assets etc, in less than 12 months peoples savings etc will vanish Another video i seen tells viewers when interest rates rise, britan is f****d, only reason keeping head above water at the moment is interest rates have been getting cheaper for about 30 years, that wont continue.. If the interest rate was at the notmal rate of 5% instead of the low 2, britan would be f****d, no way it could pay its debts. Britans total debts are 5 times what its ecomomy is worth, only countrys with more debt is ireland and japan.. Once you add everything, promises on pensions etc then the debts are 900% of the economy Britan is broke, its just a matter of time.. 1 Quote Link to post Share on other sites
mushroom 14,081 Posted December 29, 2014 Report Share Posted December 29, 2014 Rubbish Quote Link to post Share on other sites
nothernlite 18,260 Posted December 29, 2014 Report Share Posted December 29, 2014 Joe the torries wouldn't let that happen they tell us the truth all the time l0l 3 Quote Link to post Share on other sites
mushroom 14,081 Posted December 29, 2014 Report Share Posted December 29, 2014 Northern you seem a intelligent chap ffs don't believe anything Joe posts Our combined economy is based ultimately on other peoples money! The only way our economy could collaps is if either the financial capital of the world moves home or people stop transfering money through either business ir private means Ain't gonna happen Raised interest rates mean tightening the belt that's it Quote Link to post Share on other sites
mushroom 14,081 Posted December 29, 2014 Report Share Posted December 29, 2014 Unlike Joes dream of an independent economy based on "Scotland's" oil you'd be fuucked right now if you had voted yes remember that Quote Link to post Share on other sites
sussex 5,803 Posted December 29, 2014 Report Share Posted December 29, 2014 See what happens , I go away for 2 weeks & the whole country goes for a bag of shite !! Might as well stay in Spain now ... 1 Quote Link to post Share on other sites
villaman 9,982 Posted December 29, 2014 Report Share Posted December 29, 2014 We all doomed not a chance we have Ukip coming in Quote Link to post Share on other sites
charlie caller 3,654 Posted December 29, 2014 Report Share Posted December 29, 2014 What a load of scaremongering crap. 1 Quote Link to post Share on other sites
nothernlite 18,260 Posted December 29, 2014 Report Share Posted December 29, 2014 Building trade never been better everyone doing alright long may it continue 1 Quote Link to post Share on other sites
Onlyworkmatters 1,584 Posted December 29, 2014 Report Share Posted December 29, 2014 Building a couple of hundred 1000 houses and filling them with even more immigrants is just what this country needs.........lol Quote Link to post Share on other sites
Malt 379 Posted December 29, 2014 Report Share Posted December 29, 2014 Yeah, its f****d.. Me and the misses are on minimum wage jobs (or close too it, I run 2 cars and the kids have just had their most expensive ever Christmas.. Think I've seen the video you're on about Joe, its a few years old and is aimed at people with thousands and thousands of pounds tied up in investments and savings. Its been up here if its the one im thinking about. You want to stay away from those YouTube vids, you'll be holed up under your stairs with a tin foil hat on before long! Quote Link to post Share on other sites
Joe1888 672 Posted December 29, 2014 Author Report Share Posted December 29, 2014 (edited) Unlike Joes dream of an independent economy based on "Scotland's" oil you'd be fuucked right now if you had voted yes remember that whys that, the oil price has droped, no one knew that was about to happen, if scotland voted yes, it would still be part of the uk now, untill 2016.. Yeah, its f****d.. Me and the misses are on minimum wage jobs (or close too it, I run 2 cars and the kids have just had their most expensive ever Christmas.. Think I've seen the video you're on about Joe, its a few years old and is aimed at people with thousands and thousands of pounds tied up in investments and savings. Its been up here if its the one im thinking about. You want to stay away from those YouTube vids, you'll be holed up under your stairs with a tin foil hat on before long! i also built a lead shed mate, delboy done me a good deal Northern you seem a intelligent chap ffs don't believe anything Joe posts Our combined economy is based ultimately on other peoples money! The only way our economy could collaps is if either the financial capital of the world moves home or people stop transfering money through either business ir private means Ain't gonna happen Raised interest rates mean tightening the belt that's it like i said am no expert mate,it mentions britan is only managing because interest rate is at 2%, if it were at the normal 5% britan would be f****d, only options the uk gov would have to try cut debt etc would wipe pensions, privatise the nhs etc, it still wouldnt be enough... the debt continues to rise one of videos i seen was this https://www.youtube.com/watch?v=rYLW95f3oNo&app=desktop Edited December 29, 2014 by Joe1888 Quote Link to post Share on other sites
vanman1 411 Posted December 29, 2014 Report Share Posted December 29, 2014 3 teenage daughters and a wife......ive been in financial Armageddon for ages lol 10 Quote Link to post Share on other sites
WILF 50,032 Posted December 29, 2014 Report Share Posted December 29, 2014 These type of stories get drip fed into the media to manipulate markets in certain ways, there's f**k all you can do so forget it 3 Quote Link to post Share on other sites
Zilverhaze 1,627 Posted December 29, 2014 Report Share Posted December 29, 2014 https://m.youtube.com/watch?v=wmVRFEumgQU Quote Link to post Share on other sites
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