The Institute for Fiscal studies.
The organisation has released a statement today which included this, “managing the elevated debt from the pandemic would be a task for not just the current Chancellor, but also many of his successors.”
When the fuck are these wallopers, not just here, but worldwide, going to wake up and go after the real culprits. The sinks should be raked over the coals and taken for every penny and asset they have for what they have done.
Nominated by: McCunterson
They’re simply stating the bleedin’ obvious, aren’t they? And getting paid handsomely for doing so.
Gis a job. I could do that.
Cunts.
10
If that fuckwit Biden kicks the Orange arse in November he’s still President until January.
Maybe on his way out of the Whitehouse he presses that big red button?
9
Agreed. The entire world should demand ALL their money and resources whilst simultaneously lining up every military asset along their borders.
They need to pay up, and pronto. And we should be ready to melt their entire country from the bedrock up at the drop of a hat. If we’re going to be that skint we should be looking to take everything anyway, even if we’re wrong.
12
The principle of the polluter pays, China get your wallet out and show us your wonga!
There will be a bit of a reset once the dust settles, the end of the furlough in October will be the time when we see the costs and fallout.
Maybe we will get the Gordon Brown 2007 moment , British Jobs for British workers 😂
7
We’re not allowed to pick on the Chinese because that would be racist.
Therefore we have to dig ourselves out of the huge moneypit of shite that will be with us for decades!
8
The Institute for Fiscal studies – just another collection of educated fuckwits who think they know everything there is about economics but don’t have the actual balls to ever join the government and become the Chancellor.
Like most professional critics hiding behind a keyboard/whiteboard, it easy to slag off the government from afar; but when you take centre-stage and have to take some responsibility for your actions its a different kettle of bollocks!
Any in any case, if economists are all “experts” how come they never universally agree on anything?
6
No quick fix for this.
We’re up to our bollocks in debt, as are other countries.
The Institute for fiscal studies is telling us something the ordinary man in the street knew anyway.
This though is a chance to make Brexit work for us, we’ve severed ties with the EU we could make money from from those parasites but we’d need a steely backbone, quick thinking and a tough negotiator.
Oh fuck weve got Boris…
8
And we’re still tied to the EU and its rules and regulations for another 5 months…. minimum.
6
If Biden becomes the next POTUS he might just tell us to fuck off when it comes to trade talks, given that he never wanted the UK to leave the EU.
So we could be well isolated in terms of trade, not only with the EU, and North America but quite possibly China if we put up sanctions and tell Huawei to do one!
2
Our snowflake country would be more liable to pay Chy-na reperations for our extreme raciist behaviour in unjustly blaming them for covid when they’ve obviously been straight as a dye about the virus/Hong Kong etc.
In the words of the great Jeremy Corbyn we just need to have a ‘conversation’ with them and all will be well.
4
China’s fault, but ‘lessons will be learned’, don’t worry.
Oh wait, they don’t give a fuck and reopened their wet markets as soon as they could, right? Silly me. Even the black death made an appearance there in the recent days.
Still, let’s not criticise. That would be racist.
Expect millions of the cunts to be flying in soon with who knows the fuck what new plague they’re carrying.
Lessons will not be learned because that would be too racist so let’s just have tens of thousands dead and a ruined economy instead, eh?
Useless cunts.
11
All a bunch of clowns.Am I allowed a job?
4
Eggheads can Fuck Off.
3
The fella on Sky news with a graph. Supposedly our borrowing for the last 300 years. Would they have data from that long ago? Anyway a steady increase until the 1970 where there was a sharp increase which has continued sharply to the present. These last months the line almost vertical. He said we have borrowed in the last months the same amount that we have borrowed over the last 300 years.
3
The origins of UK national debt goes back to the reign of William III 1689 – 1702) who engaged a syndicate of City traders and merchants to offer for sale an issue of government debt. This syndicate subsequently evolved into the Bank of England.
In 1815, at the end of the Napoleonic Wars, British government debt reached a peak of £1 billion, more than 200% of GDP.
At the beginning of the 20th century the national debt had been gradually reduced to around 30 percent of GDP. However, during World War I, the Government was forced to borrow heavily in order to finance the war effort.
The national debt increased from £650m in 1914 to £7.4 billion in 1919.
During World War II the Government was again forced to borrow heavily in order to finance war against the Axis powers.
After the war the debt gradually decreased as a proportion of GDP, but in the 1970s, following a Sterling crisis, the Labour Government was forced to seek help from the International Monetary Fund.
Hope that helps Miles.
3
PS: Not sure why you’re surprised we’d have government borrowing data going back a mere 300 years. In fact government financial records go back many more centuries than that.
2
Thanks RT very informative.
2
Who is it that lends all the money out?
Just tell ’em to fuck off, we thought it was gift aid.
5
Unfortunately, it is the Chinese Cunts and Middle Eastern Despotic Cunts who do most of the lending.
2
Fuck it, this country is already $3.4Tn in debt with the rest of the world, what difference will another trillion make!
2
I don’t know what the fuck you’re all complaining about, it’s obvious that all the debt will easily be paid by the white English males. Apart from the lefties, that is, because it’s not their fault.
4
I’m a lefty (handed, that is). May I please be excused, as we lefties are already a victimised, discriminated against group. Try and buy a can opener for lefties and see how you get on!
1
I have it – “Kev Aid” – promoted by living saint and not at all a tax dodging tramp Bob Geldof.
“Kev, along with all the other white working class people in the UK, will have to pay extra taxes for the rest of his life and be racially discriminated against and hated in his own Country – but you can help – just £20 will buy The Royal Navy and Coastguard enough fuel to tow 50 gimmegrants and rapefugees into Kent”..
#everylifeexceptwhiteonesmatter
5
Who cares, its monopoly money anyway, fiat currency because 2 parties decide their own bits of paper hold value and force it on the population.
Fucking Robin Reliant currency more like, just tap another nought on the end and tell ping wing to fuck off.
2
Shouldn’t that be Institute for Fecal Studies?
1