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From: EconomyCrash
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  • the banks fuck it up and politicians and who has to pay the poor on welfare

  • yeah its mainly the fault of the politicians tbh the labour party left us with £8 trillion worldwide debts (thats 3 times our total dgp..the 2nd worst debt to gdp ration in the world and the second biggest debt

  • It's not surprising that the UK is on the verge of bankruptcy with our traitor government giving £60 million PER DAY to the hopelessly corrupt and criminal led European Union project.

  • ....and hence the riots

  • @kh12321 Welfare should be cut too, along with much of the taxes and regulation that hampers small business. Make it easy for businesses to employ people whilst quickly phasing out much of welfare. Kill all Quangos, drastically reduce government and its spending, no bail outs, stop all foreign wars, occupancy, and things may start to improve.

  • funny how the uk is always talking about the pigs this and that, they have much bigger problems but since they still have the colonys inc the usa and they ar tight ith the corrupt rating agencys and their country can be touched by downgrade they just fuck other countrys who are weaker and cant defend themselfs as usual making them bleed money for them to pay for their own over spending if rating agencies worked usa and uk were junk bonds they will never pay back their debt, ever

  • @ukusapillage UK is a great country for businesses, but for tax-payers is horrible, you pay 30% income tax, 80% fuel tax, fees, all in all 80% tax on your lifetime earnings, and the money goes to pay many lazy immigrants benefits, and English single mothers, who got pregnant at 15.

    getting fucked and pregnant at 15 and they never have to work, or pay rent again.

  • But if you go and invest just $100,000 int he UK, in smart investments and property, you can easily make big profits at the expense of the renters, and never have to work again. House prices keep on doubling every 8 years, and the owners just play monopoli on the others' backs.

  • @crazyboyxx 'The UK has a perfect credit rating, is sticking to austerity measures quite easily, is fiscally independent and unemployment is going down. ' Are you a victim of the Murdoch press? The UK is economically as 'independent' as a North-Korean slave worker. When the US has a cough, the UK will be the first going down with tuberculosis. And where is your evidence that unemployment has allegedly fallen? The only reason I can think of is half the polish population has gone back home.

  • Quite agree crazy boy austerity hurts but a stitch in time...... Tories are not bullcrapping us they're just being brutally honest

  • WAKE THE HELL UP AMERICA! --- Join the Revolution

    -

    Read “Common Sense 3.1” at ( revolution2.osixs.org )

    -

    We don’t have to live like this anymore. "Spread the News"

  • and they say that America is overly materialistic, hypocrates

  • i want to know who we owe the money to, everyone is talking about this massive debt but knowone says who we owe it to ???

  • funny debt credit companies like standart and poors downgraded countrys like spain and portugal and greece and ireland and latvia and olthers but they dont usa or uk they have much bigger debts and its impossible for them to pay them why is that? maybe its because the companies are from those countrys they should be put in court for being so corrupted since they spook investors and make our life harder then hell, while keeoping the lie that inv. bank can lend money to usa and uk risk free

  • Solve the contrived scam by dumping the WELFARE TO ROYALTY. The people are being screwed while ROYALTY live the life of luxury. Auction off the big castles and make the PARASITES give the illgotten fortunes back to the people, where it came from. The world needs a good cleansing of all the filthy parasites including KINGS, QUEENS, DICKTATORS, BANKSTERS, WALL STREET GANGSTERS AND OTHER LEECHES ON SOCIETY.

  • @veniceit1 Nicely said. %100 agree.

  • Let me get this straight . The mint makes money , the fed reserve makes money so why do they need to BORROW the money when they the goverment can make it themselfs with no intrest......oh wait ...... i have a clue if the theres an interst on the money they borrow whos going to pay it.......US like killing 2 birds with one stone jst other nail in the coffin for the NWO take over .The goverment run the people the BANKS run the world.

  • Dont trust the FOS, they are opinion makers and are living on another world.

    If you are in debt, go bankrupt. These debt companies are like vultures, if your partner is pregnant leave the country, because there is a very good chance she will not have the baby due to treats,excessive phone calls and harrassment. A corrupt system, banks lie, codes and acts are breached, FSA just watch and dont do anything. A failed system and banks are fully protected.

    Ex IFA, Director 20 yrs service FSA

  • ENGLAND HAS NEVER BEEN SO WEALTHY,PRICES UP IN ALL AREAS REAL ESTATE AT ALL TIME HIGHS,ITS BOOMING IN ENGLAND.

  • LOL...dumb ass british people

  • @TheSnoody And the Kettle calls the Pot Black, lmao

  • the UK is going bankrupt because you can earn more money on benefits than you can working. 60 % of the British public are thick, lazy, whingning, whining, ungrateful, rude bags of s**t. Apart from that, they're lovely:)

  • @raspberrybaggio that's right ya silly cunt now get your lazy winging ass down to the jobcentre and stop fuckin scrounging. ponse!

  • One Group of DECEIVER create the problems, the next group comes in claim they have the solution to the problems the predecessors created. It all amounts to deceiving the public, and they pick up the debts they did not create. The whole thing is a massive Fraud.

  • UK is not on the verge of bankruptcy. It IS bankrupt, and has been for several years now.

  • @tigranvartanovitch The USA is in a similar fix.....i think we still have time to dig ourselves out of all this debt....but with Odumba as our President it doenst seem likely

  • @Jacobrester Yes, it looks dire there, too. I realised what was happening here, because I was getting my news from the USA. We have no one on this side of the Pond of the stature of Peter Schiff or Gerald Celente. Thanks to these two, I recognise what it happening over here. I keep telling people what is coming down the pike, but no one here will listen.

  • @tigranvartanovitch Keep it in perspective....the people who tell you that there are tent cities all over the USA are lying or dont know what they are talking about...there are some tent cities but they are usually about 50 people big....there are no riots or food shortages....in big industrialized countries going broke means just not having luxuries that you are used to...things arent so bad

  • @Jacobrester Granted. I have kids. They are saving for a house, but the government are trying to keep the house prices up while devaluing their savings. I also have a collection of Polish stamps from the 1920s which are overprinted with zeros. German stamps and banknotes of the same period are similar, as are Zimbabwe banknotes now. Things can get bad very quickly. This is a little different from the 1970s. Instead of striking for higher pay, people are borrowing any budget shortfall instead.

  • @tigranvartanovitch how are we bancrupt? dont listen to these conspiracy theorist nutjobs, we are doing fine, my life is great

  • @Jimmyretired well what it means is that if we cannot repay our national debt (4.8trillion) then the global credit markets would force up interest rates on a mortgage to anything up to 4%-20% almost overnight. best thing is to buy gold coins and hide them. quickly.

  • @rightfredsdead you are crazy pal if anything id stock up on beer than gold

  • @Jimmyretired you may as well stock up on beer if you have a mortgage. those rates are going to get pwned. i reckon interest rates could be 8% this time next year if theres a run on the £ following this. that would make a lot of people bankrupted, which in turn would cause an unemployment spiral. hard times. tough choices for the lucky. no choices for anyone with debt.

  • this is what happens when you rely on imported goods and over educate your kids the sooner we stop woshipping money the better

  • What about the 6ft 400lb gorilla sitting in all our living rooms? Is it just me, why is nobody talking about the money wasted in Iraq and Afghanistan? No, better to talk about the people on Jobseekers Allowance?

  • buy gold and silver

  • Include the BP oil Spill tax!

  • Looks like teh world will face a DEPRESSION maybe that means there will be WW3 and stuff like that.

  • what a liar!!!!!!!!!!!!!!!!

  • The end is nigh. The wealth of the world is in the hands of a few, this can not continue.

  • There is a solution , nationalise all banks, and get rid of the banksters

  • The masons fuket up the world . Were screwd .

  • You know whats not a fraud? My fucking cock, which I lube up with dog shit and cat pee....

  • plot is interesting, is all!

  • the media is important because democracy is important and people need to know what is really going on ?Looking only at the civilian population of 237 Million, with 138 Million working that's a 41% overall not employed rate where 99 Million eligible workers are not employed. Consider that the 138 Million are supporting the US population of 305 Million.hyperinflation (It is systemic fraud),tax revenues disapearing ,some recovery ?this is not what the media is telling you ,so what about democracy ?

  • The BBC's economic analysis is always presented in a "not before the children" style.

    Superficial nonsense.

  • Pretty positive SPIN on this report, eh? "WHEN" the economy recovers..." It ain't gonna recover. It's not meant to.

  • "on the verge"?? Delusional.

    See Jim Rogers videos.

  • uk gov is focussed on 'fiscal stimulation' bailin out the banks who are doin little to help their clients, yet recieved help from tax payers. Ordinary brittish are just rotting in debt

  • Can anyone explain who do we (UK) borrow off?

  • Everyone who has money and willing to lend.

    Could be investers around the world, companies around the world, to banks, public institutions, to countries like Saudi Arabia, China, Japan, Korea etc.

    In short, everyone who has money.

  • the UK is the Same as the USA,they borrow from their central banks,i.e,The PRIVATELY owned Central Banks.The Bank of England and The (not at all Federal)Federal Reserve.These two privately owned companys print new money and give it to the Governments and then the Governments collect tax from us and pay it back to these companys plus interest,simple?Bet you don`t believe me???Well it`s time you start googleing "money creation"If the general public knew this fact then there would be riots on the

  • Thanks pal but does that mean the UK is owned by the central banks? Just like the high street banks is part owned by the tax payer.

  • @MrMollypockets

    TRUST ME! america planned it all along! countries live ours would have to sell our economy to other people to keep the country going.... who else to sell it to apart from america? No one. after all this depresstion shit has stopped they will be better off than they started. i watched a documentry on it :(

  • BKs - how is that?

    what documentary? are you another 911 truther. how do you know that documentary isnt full of shit? theres many documentaries & alot of them are Bullshit

  • @DDFF232

    China, Japan, Oil exporters, Carib Bnkng Ctrs and Germany are the main ones, but yes, anyone who can buy debts certs owns a chunk of the UK

  • Kenneth Clarke Bilderburg member Hmmmm if you don't know what Bilderburg secret meeting is you better check it out. just google it

  • its your British bankers that have ruined the world. feel sorry for you ppl that dont have protection. g'luck, we dont hate your ppl

  • What the hell are you talking about the blame of this mess lies with wall street and american bankers,yeah British bankers are no better but saying they are the cause of this mess is ridiculous.

  • I have had enough of the lying thieving con artists, TIME FOR CHANGE!

  • dont give your power to politicians who dont represent you, by voting for them, your giving away your powr to smone who doesnt speak for you

  • the country is fucked lets rise up against the gov

  • yeah lets whack up a strip protest from rafalgar sq to downing street!

  • I think we should sell off the royal family. That should get us a few billion.

  • in zimbabwean dollars maybe ....

  • ahahahahhaa XD

    but.. all this stuff...

    is it true?

    i cant believe it. i ve always seen uk as a rich country! o.o

  • QUESTION: I am a "yank" (and please don't tell me how much you hate us, (believe me we know). I have heard that you folks have to pay some tax or premium to your government to buy gold or silver ....is that true?

  • dont worry mate we all dont hate you americans its just the rule britania assholes that are like that. peace

  • on a small scale if you cant pay back what you owe they brake your legs on a large scale i dred to think what the consequences are but yeah can she hold and keep paying out to millions of unemployed or will she have to throw them overboard..will flash gordon brown save the world?.i personally think its going to turn nasty

  • who are these "Investors" in government Debt and what planet are they from?

    the UK gobberment is printing money out of Thin air to buy there own bonds and these "investors" are also buying these bonds to be paid back in depreciated Fiat money?

    who are these boneheads?

    me thinks i need to have my own fiat money so i can depreciate it and make money off these boneheads too.

    i can give you 50% return per year if you like. any takers message me.

  • What we're seeing here is Brown's "birth pangs of a new world order". This is the beginning of a global Orwellian fascist nightmare and the elites have engineered it all. They've made their money and now they want the majority of us to leave and keep the remaining minority to use as guinea pigs for their mind control experiments.

  • I see socialism is working out well for the UK, just like it's working out well everywhere else it is tried.

  • There's way too many fat fucking pampered Politicians on Committees with hidden fucking Agendas.

    Why don't we reduce their numbers drastically? Remove ALL their fucking perks and expenses claims... Second Home Allowances when most families struggle with one. No one buys my fucking lunch or pays my bills and rent so why should people who sit on their fat arses lording it up at our expense not take MASSIVE salary reductions and pay for their own fucking lifestyles.

    DESTROY GOVERNMENT!!!

  • I cant agree with you more apart from destroying the government. Just vote for someone who will alter the monetary system and to create an economy that doesnt fuel off debt. The bank institutions (IMF, The world trade organisation and HM reserve) have designed this slavery and they must be destroyed. We need someone like Ron Paul. But do we have anyone like him to vote for in the UK?

  • you could vote for me if i was running for PM but i would allow ppl to carry firearms like in the USA

  • @noworldorder555 that was one of the biggest and most childish comments i have ever read on youtube go grow up you punk kid and look around you and see all that goverment has given you

  • @noworldorder555 That's a good idea but it's only less then 0,001% of government budget. What you English and we Europeans need to do is get rid of 75% of government 'workers' and lower taxes by 75%!!

    STOP BEING A GOVERNMENT SLAVE!!

  • There not the drug dealer. Its our own goverment who messed with the interest rates and created the credit boom thats led to our problems with the help of some of some foolish banking practices. The origin of this is goverment who just cant stop interfering. The money they've lent us in fact ours. Its western Treasury Bills issued by our governments specifically for the Chinese to buy off us. Its insanity. Brown is a moron of the highest order. Abolish boom and Bust? Fool.

  • You are correct but treasury bonds are instruments of debt. China and Japan supply us with our debt by buying them. Our government could not function if it didnt rely on this credit. I agree our government is to blame but my point was that China enables it by buying debt to keep there own currency devalued.

    China provides us with credit(crack), we agree, no? I thought my analogy was pretty good...

  • Borrow From Saudia Arabia..UK is Islamic Anyway!!

  • Blame the Americans.

  • solution: follow the USA, go to Bank of China and ask for a loan.  The American did that.

  • The Brits have their "stiff upper lip" and a single, unified culture, (Maybe a few foreigners in London). But they've been through worse. They'll be just fine.

  • Much of this is a self fulfilling prophecy. It's like a person dying of cancer if they honestly believe that they will die in six months, assuming they are told that, they will certanlly do so because they have given into the suggestion. As for me and my house I will choose to be optimistic, that way I have a future.

  • Ignorance is not bliss, ignorance is just ignorance.

    The modern banking system is a giant Ponzi scheme. Banks create the money they lend, out of thin air. But they do not create the interest repayable. That has to come from the general money supply. THERE IS, BY DESIGN, INSUFFICIENT MONEY IN THE ECONOMY TO EVER REPAY THE DEBT. Meaning, that exponential NEW DEBT must be taken on each year to stave off a total collapse. Politicians and bankers who say "no one could have foreseen this" are LIARS.

  • EVERYONE (except the naive, ignorant, greedy general public) saw this coming for the past 8+ years. And now? The governments are stepping in to assume the role of borrower of last resort, because the endebted consumer can no longer take on any more debt. The result? They are just buying some time, but they will NOT, and they CANNOT solve this so-called crisis by re-inflating bank balance sheets. The core of the problem is the design of the banking system. It is a giant Ponzi scheme. Fact.

  • This has all come about by design.

    Research the NWO scumbags and get an idea of what they have in stall for us all.

    For starters:

    For the UK: EURO

    For the US: AMERO

    Wake up people, and get non-compliant with the lying, deceitful NWO controlled governments.

  • will the IMF print one world currency?

  • The reality is that a recession only affects the poor. Who cares about them anyway... really. We have been happy to let them eat out of bins, live on the streets and survive with substandard care. How is this any different?

  • The recession affects everyone. My Father, a college professor who makes a VERY respectable amount of money, is affected. Due to the recession, the college is making huge cut backs, including employees. They want to get rid of the people with the highest salaries that have been there the longest. (Like my Father) It affects EVERYONE.

  • You cannot comment on the bbc because they are the british bulshiting company, most of the news is fabricated to manipulate te masses thoughts on society and it works well, i think the brits are the most brain dumbed down people in the world, they don't take any action on importent issues they don't care about themselves or anyone or their children just look at the shit they eat and the shit they watch on TV the whole culture is shit brain dumbing garbage, braiwashed britain, reap what you sow.

  • i agree - to extents - where you from?

  • @dangerousslave same as americans. its their fault and they deserve it.

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  • @dangerousslave I don't like what you are saying here but unfortunately it's largely true.

  • @dangerousslave haha no the armerican people are there media is so stupid around 20% even check up on what they listen or watch while around 40% brits do by average we are not dumb yank

  • @TheGunner1324 From what I've noticed, England does a better job reporting on the US situation and vice versa. No one wants to admit that their own nation is in turmoil!

  • @MONOPOLY35 yeh but british check the media alot more to see if the infomation is true thats my point really

  • Great..national socialism is left over..really great!

    Let's put economy in nationalistic spots and work the gates out as one..

    At least we don't have to run socialism again after it..and leave this crisis all behind us!

  • Silly, all the UK needs is more immigration and programs. Or do as the US does and just print more money!

  • Just print more money? Sorry buddy, it's not that simple. LMAO

  • Its insane that its the Banks, Government and these big corporations who are to blame yet it is us the hardworking citizens who have to pay for this!

    Is this anything to do with Fractional Reserve banking and Fiat Currency?

  • im afraid it IS that simple buddy.the banking system is a scam.if its not then tell me . .HOW IS MONEY CREATED?? AND I DONT MEAN HOW CAN I MAKE MORE MONEY BECAUSE THATS MONEY PASSED FROM ONE PERSON TO ANOTHER. HOW DOES AN ECONOMY GROW? BY MORE LOANS BEING GIVEN OUT. THE BANKS CAN LEGALLY LEND 10 TIMES MORE THAN HAS BEEN DEPOSITED WITH THEM... THEY ARE LENDING MONEY THAT DOES NOT EXIST AND CHARGEING YOU INTREST ON IT.

    THIS MEANSTHERE IS NEVER ANUFF MONEY TO PAY BACK THAT INTREST. :-)

  • totally agreed, this fiat currency and the whole banking system is entirely fraudelant and deceptive. if only the masses knew how the banking system worked (: there is one way to beat the corrupt bankers-move into tangibles-gold and silver, u cant print money out of thin air for that!

  • Socialism at its finest. This is what it leads to. The US problems are all socialistic in nature.

  • Doom! Dooooom! Dooooooooom!

  • It's the toilet bowl effect!! ;)

  • we are fucked.

  • so stupid I can't even be bothered to complain.

    Go self-employed and fiddle your tax like dole scum.

    If there are business going under every five mintutes.Then you can be just about hanging on :)

  • have you ever starved before?

  • Why have you ?

  • i hope you are re-thinking the whole cannibalism thing !

  • There is a UK Libertarian Party, with the similar manifesto to Ron Paul, but no one knows about the party :-(

  • Thanks for letting us know - where can we find their websites??

    Lots of us will join!!

  • test - cannot post with URL

  • l p u k d o t o r g

    (why are all my previous posts with this URL disappearing ?!)

  • YouTube is blocking that URL when written without all the spaces.

    Please can others try to post the URL and tell us if the post gets block?

  • Test phrase - UK Libertarian Party

  • Regardless of which political party we support the UK has become a oneparty state within the EU and eventually the NWO/OneWorldBanking system!We didn't get a referendum on the EU. We wasn't consulted before giving away our money to 'Bailout' the banks.We Won't be asked if we want to join a world government. Our country is Bankrupt and we are giving away our Rights and our Freedom as if they don't matter to us anymore!Whoever said the Nazis were defeated was wrong they just came in the backdoor.

  • The power to TAX, is actually the power to DESTROY (MORALITY).

    As the TAXATION levels are so EXESSIVE across all areas of society ,so in time the pressure on businesses/individuals to make more money INCREASES.

    This increased pressure results in the Rules/laws of a country having to be relaxed to the point where they become UTTERLY USELESS.

    This relaxation of RULES/LAWS promotes a decline in the MORAL FIBRE of a society/world.

    'GREED' THEN BECOMES 'KING', and is SEEN to be so.

  • Go to CIA govt website and you will find a list of countries with debts and surplus, will get the answer who can go bankrupt

  • Elite Banksters want to destroy the world market to bring about total control.

  • You mean economic issues. Uk is way more out there to actually go bankrupt. Burma going bankrupt? you see my point.

  • I beat you that burma isnt in as much dept as the uk is though

  • I know... seriously what a bunch of depressed cry babies.

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