trotskys twin wrote:
PFI are crap the Unions fought against them, any way DEBT after WW2 this countrys debt was in real terms far greater than the present one and Attlee and his govt created the NHS Nationalised the Utility's Railways Coal Mines and started building thousands of homes and new towns and THEREBY created employment -
Now after Tory vermin raping the Country the Utilities are a form of taxation the mines have gone the NHS is being destroyed the Rail fares are the highest in the world the houses have been flogged off and the money raised was not allowed to be spent on more houses all agreed by Thatcher Major Blair Brown and other types of blue or pink torys bleedin scum the lot of em!!
You want out of the AUSTERITY spend your way out build houses renationalise the Utility's invest in the NHS repair derelict schools the roads and most introduce a fair TAX system which the rich parasites are unable to avoid create work in manufacturing treat people with respect the British are not lazy the workers are excellent as proved in the Car manufacturing Honda Nissan Jaguar its the management thats lacking greed reigns supreme as for the immigrants how many of you have not got an immigrant somewhere back in time in your family ??????? Irish French German Jewish whatever this country thrives on immigrants sure it needs examining when its used by the exploiters to undermine the indigenous population but it can be done BUT WHO ARE THE EXPLOITERS NORMALLY THE ESTABLISHMENT IE TORYS AND THEIR ILK !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
Actually it was the Taxation system along with protectionism that was the largest driving force for the longest
sustainable period of growth this country has ever known. Corporation tax was 55% and the highest personal Tax was 90%.
Our National deficit, (not national debt) never fell below 150% of GDP between the wars and rose to its peak in 1948, 250% of GDP.
However the situation today is very very different. ALL governments have chosen to put their PRIVATE banks financial debts onto US the people, this is a whole different ball game and the sums involved are staggering. So much so that most politicians let alone the public are ignorant to the figures. The derivative market alone is 600 trillion.
The UK's 4 largest banks hold 500 times our GDP!!!
The truth is, we can't do what Sweden or Japan did during their banking crisis because it involves coming clean with how much bad debt your holding. If the ten largest banks around the world did this, the game would be over. It is already, it's just no one has the balls to tell the politicians or public.
The Euro wont collapse, the UK wont get hammered by the markets....we are the markets!!! But the currency war will continue between the Dollar, Yuan and the Euro, its last man standing....and no China and India aren't in great shape.