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Agricultural Matters
UK sinking under an ocean of debts?
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<blockquote data-quote="bluebell" data-source="post: 7921070" data-attributes="member: 70168"><p>Very sobar reading in yesterdays mail newspaper, i quote, national debt £2.3 trillion, interest on debt this year £64bn, thats nearly double the cost we spend on the uk armed forces, defence? So what happens say in 10-20 years will most of the tax income the govt gets just go on paying the interest on the ever growing debt the UK has? Now then any business man, women, that runs a business either large or small, makes a priority of getting rid of or reducing the debt or interest payments paid on it? Well we did in our company any way? my father swore after starting out in business with large morgages, bank loans, like many have to, to get it paid back as soon as possible, we got into a position in the end that we could negoticiate cash on delivery discounts with many of our suppliers, if we paid on delivery? My whole point of this thread is this, the govt isnt been honest with the public about the finantial situation the country is in, and been in really since the end of the war, but the debt burden now is coming to a head? It really makes me angry when politicans demand more money for this that and the other? from where, and when others say we are a rich country? A rich country has no debt, it has cash surpluses it lends money and gets interest, guess how pays?</p></blockquote><p></p>
[QUOTE="bluebell, post: 7921070, member: 70168"] Very sobar reading in yesterdays mail newspaper, i quote, national debt £2.3 trillion, interest on debt this year £64bn, thats nearly double the cost we spend on the uk armed forces, defence? So what happens say in 10-20 years will most of the tax income the govt gets just go on paying the interest on the ever growing debt the UK has? Now then any business man, women, that runs a business either large or small, makes a priority of getting rid of or reducing the debt or interest payments paid on it? Well we did in our company any way? my father swore after starting out in business with large morgages, bank loans, like many have to, to get it paid back as soon as possible, we got into a position in the end that we could negoticiate cash on delivery discounts with many of our suppliers, if we paid on delivery? My whole point of this thread is this, the govt isnt been honest with the public about the finantial situation the country is in, and been in really since the end of the war, but the debt burden now is coming to a head? It really makes me angry when politicans demand more money for this that and the other? from where, and when others say we are a rich country? A rich country has no debt, it has cash surpluses it lends money and gets interest, guess how pays? [/QUOTE]
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UK sinking under an ocean of debts?
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