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Thread: Signs that this government is kaput

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  1. #1
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    I don`t think the majority of the electorate is really aware of how bad the economic problems are,fox hunting and class war is just a distraction.If the debt is going to be paid off then whichever party is in power will have to cut and tax and we will all feel the pain.The other solution is to allow inflation to inflate the debt away,unfortunately that means all our savings will disappear and the pound will plummet and i hate to think how many peso`s to the pound then.


  2. #2
    Administrator KeithD's Avatar
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    Quote Originally Posted by trenchtown View Post
    ....and we will all feel the pain.
    I won't
    Keith - Administrator


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    Moderator Arthur Little's Avatar
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    Quote Originally Posted by trenchtown View Post
    I don`t think the majority of the electorate is really aware of how bad the economic problems are,fox hunting and class war is just a distraction.If the debt is going to be paid off then whichever party is in power will have to cut and tax and we will all feel the pain.The other solution is to allow inflation to inflate the debt away,unfortunately that means all our savings will disappear and the pound will plummet and i hate to think how many peso`s to the pound then.
    ... you could well be right; at least the ordinary punters [like you and I] WILL "feel the pinch" ... whilst those on hugely-inflated salaries - such as the 'Fred Goodwin's' of this world, and Chairperson(s) of this, that and the other financial institution(s) - and already in the supertax bracket, are scarcely likely to even notice any difference!

    Btw, although you're designated as a 'Newbie', I see you actually first posted on the forum away back in February ... at which time I was in the Phils, and missed the opportunity to greet you THEN. I also note your name is Kevin ... so allow me to rectify things now, Kevin.


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