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A Lot Worse: UK Mired In £5 Trillion Of Debt
Sky News ^
| 14 July 2010
Posted on 08/18/2010 11:06:25 AM PDT by george76
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1
posted on
08/18/2010 11:06:28 AM PDT
by
george76
To: george76
Tell them NOT to worry, the U.S. Treasury understands this, has lotz and lotz of money, and can send them a WIRE and guarantee their loans up to 334 trillion dollars. We have the presses to print even bills in $1,000 denomination, with Mr. Obama on them. Watch for this soon.
To: george76
Wow. On a per-person basis, that might even be worse that our debt...
3
posted on
08/18/2010 11:10:00 AM PDT
by
Little Ray
(The Gods of the Copybook Headings with terror and slaughter return!)
To: george76
The Britannic...
4
posted on
08/18/2010 11:13:48 AM PDT
by
traumer
To: Little Ray
Wow. On a per-person basis, that might even be worse that our debt... I doubt it. If the US federal government's debt were to be restated in the same terms (including unfunded liabilities), it would be about the same.
5
posted on
08/18/2010 11:13:53 AM PDT
by
justlurking
(The only remedy for a bad guy with a gun is a good WOMAN (Sgt. Kimberly Munley) with a gun)
To: george76
6
posted on
08/18/2010 11:16:17 AM PDT
by
j-damn
To: george76
They let endless illegals from Islamic countries flood in and gave them insane and endless benefits. Sound familiar?
7
posted on
08/18/2010 11:19:00 AM PDT
by
Frantzie
(Imam Obama & Democrats support the VICTORY MOSQUE)
To: Little Ray
Different people have different estimates, but the LOWEST I could find for the US was the unfunded liability for various entitlements is 60
trillion dollars.
http://www.businessinsider.com/unfunded-liabilities-jpmorgan-2010-7
And that doesn't include various state entitlement programs, which are estimated to be as high as 3 trillion, combined.
8
posted on
08/18/2010 11:19:29 AM PDT
by
justlurking
(The only remedy for a bad guy with a gun is a good WOMAN (Sgt. Kimberly Munley) with a gun)
To: george76
9
posted on
08/18/2010 11:20:51 AM PDT
by
blam
To: george76
This whole “economic” thing is gonna crash the world when the perfect storm hits.
10
posted on
08/18/2010 11:22:46 AM PDT
by
Michael Barnes
(Call me when the bullets start flying.)
To: george76
£200,000 Per Person? That’s more than most mortgages, and a lot of those people are dependents, not working taxpayers. We are f00ked. I can’t see any other way out of this other than default, which will destroy our reputation for credit worthiness for generations. If he had any decency, Broon would commit Seppuku, but I doubt even that would wipe away the shame and dishonour of destroying his own country...
To: george76
Are they selling national treasures or monuments yet?
I want to buy the Tower of London.
12
posted on
08/18/2010 11:57:58 AM PDT
by
moovova
To: justlurking
The U.S. debt, including unfunded liabilities, stands at around 59 trillion.
To: Frantzie
DING DING DING DING DING, we have a winner.
14
posted on
08/18/2010 12:01:56 PM PDT
by
Former Proud Canadian
(How do I change my screen name now that we have the most conservative government in the world?)
To: justlurking
Yup. We got about twice the debt on a per-persons basis.
15
posted on
08/18/2010 12:46:41 PM PDT
by
Little Ray
(The Gods of the Copybook Headings with terror and slaughter return!)
To: george76
I don’t think this story ends well.
16
posted on
08/18/2010 1:34:47 PM PDT
by
The Duke
17
posted on
08/18/2010 3:19:24 PM PDT
by
george76
(Ward Churchill : Fake Indian, Fake Scholarship, and Fake Art)
To: george76; AdmSmith; Arthur Wildfire! March; Berosus; bigheadfred; blueyon; Convert from ECUSA; ...
They need to sell the whole country to Disney, which could then boost tourism by creating the United Magic Kingdom.
[stolen joke alert] Thanks george76.
18
posted on
08/19/2010 7:18:45 PM PDT
by
SunkenCiv
("Fools learn from experience. I prefer to learn from the experience of others." -- Otto von Bismarck)
To: george76
19
posted on
08/19/2010 7:21:27 PM PDT
by
rmlew
("To put an end to amnesty once and for all...it is time to 'regularize' the status of John McCain.)
To: Little Ray
It is. We’re about five years ahead of you, about eight years behind Greece, and about twelve years behind Zimbabwe
20
posted on
08/24/2010 3:13:05 AM PDT
by
Vanders9
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